Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.023). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Etheremun/Bitcoin is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
5 waves most likely in, aiming for a swing short of potential 1:4.5R approx with waiting to add a good chunk on wave 2(ABC) correction completion. The price is also hitting a good resistance box. Price has risen parabolic and with the last move, the volume is significantly low, with possible bearish divergence.
With two different strong Resistance on top. downside is most probable.
short ethereum btc to hedge against my ethereum buys
Technical analysis: . Basic Attention Token/ETHEREUM is in a range bound and beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 50. Trading suggestion: . The price is in a range bound and we forecast the uptrend would begin. . There is a possibility of temporary retracement to...
New trading suggestion: *The price is in an uptrend and we forecast the uptrend would continue. * There is still a possibility of temporary retracement to suggested support line (0.07200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Midterm forecast: While the level 0.07200 is not broken, the Midterm wave...
#HODL ETH till end of jan atleast. short runners target is 790+