danborovik

ETH range: 210-270 (Yes it's wide. 240 is the middle)

KRAKEN:ETHUSD   Ethereum
ETH has been ranging between 210-240 for a fews and has briefly broken above to the 240-270 range. The full range from 210-270 is still not a range I would want to aggressively trade in. I will long 210 and short 270 as of now. The inbetween is all dependent on the overall direction of BTC.
The weekly close is tomorrow and that is what I will wait for before having a directional bias within this 210-270 range.

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.