Two scenarios to consider for the days to come. Even if I remain bearish in the medium term on $ETH, with targets marked in red, I keep in mind that it is not impossible that the market will look for liquidity towards the $3250 zone.
Indeed, the global sentiment seems to be bearish, a rebound in this area would allow some shorts to be liquidated before making the
final move.
I take the risk of being long for the moment and will correct my position if necessary.
Indeed, the global sentiment seems to be bearish, a rebound in this area would allow some shorts to be liquidated before making the
final move.
I take the risk of being long for the moment and will correct my position if necessary.
Comment:
In lower tame frame, we can notice imblance's areas left by the price action.
Comment:
I will close my position if this area is broken
Comment:
in lower time frame, for the moment the price action is efficient, no gap left by the movement
Trade closed: stop reached:
I'v been ejected from the market, my analsys don't work, will observe price action now