Another Distribution On ETH?!
Hello everyone!
As you can see in the chart after a small bounce, which is the AR we have lower lows and lower highs, which indicate a sign of weakness.
HOW DO I PLAY THIS TRADE?!
So, first i want to say that i speak in probabilities, so its possible that i will lose this trade, thats why i have a stop loss arround 3130. After we confirmed this sign of weakness i expect to be a UT next, i personally think that will be in the area where we was consolidating 2 days, after this i expect to go down and up again for UTAD or LPSY, could be higher than UT or lower. If this goes well, we will have a dump to fill the daily imbalance to 2718.
If you have another opinion, let me know in the comments, i suggest you to dont do like i say if u have another opinion of course.
Stay safu guys! I wish you good luck!
As you can see in the chart after a small bounce, which is the AR we have lower lows and lower highs, which indicate a sign of weakness.
HOW DO I PLAY THIS TRADE?!
So, first i want to say that i speak in probabilities, so its possible that i will lose this trade, thats why i have a stop loss arround 3130. After we confirmed this sign of weakness i expect to be a UT next, i personally think that will be in the area where we was consolidating 2 days, after this i expect to go down and up again for UTAD or LPSY, could be higher than UT or lower. If this goes well, we will have a dump to fill the daily imbalance to 2718.
If you have another opinion, let me know in the comments, i suggest you to dont do like i say if u have another opinion of course.
Stay safu guys! I wish you good luck!
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