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jamiecassels
Aug 26, 2017 1:42 AM

Still SHORT ETHBTC Filling Thin Zones Short

Ether / BitcoinCoinbase

Description

Those thin zones where price flew through, like to get filled in time. Price and RSI have broken their uptrends and have started to form downtrends. The DI+ has been declining and setting a series of lower highs and lows while the DI- has done the opposite and looks to overtake the DI+ soon (ADX is indecisive but ready for new trend). The market has been throwing headfakes up before the moves down so be ready for that. I'll probably be setting a mental stop if the RSI/Price downtrends break, while targeting .065 but there will probably be more downside as the thin zone to .05 will probably get hit if this move starts to pick up steam. Good luck.
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