ETH clearly has 3 higher highs on the chart and respected the connected resistance line. GANN wise we are seeing the end of this run, and I feel $ 2,700 seems a tough nut to track for now. Medium-term we should be seeing move back towards $ 2,150 and even it feels unlikely due to the hype out there, the chances are there to see lower levels again. The key is how deep the pockets are in this illiquid market.
Strategy SELL @ $ 2,600 - 2,700 and place SL above $ 2,750 and take profit @ $ 2,225 for now.
Strategy SELL @ $ 2,600 - 2,700 and place SL above $ 2,750 and take profit @ $ 2,225 for now.