Awinish

ETH is bouncing of support zone

Long
FTX:ETHPERP   Ethereum Perpetual Futures
It looks like Ethereum is bouncing of 4H support zone and bounced of the lower band of the falling wedge. Depending on what Bitcoin will do, I think that this could be a nice long play on ETH.

What do you think? Nice opportunity to go long? Or should you've been long already?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.