atovar10

ETH bears gonna take a breather soon?

Long
BITFINEX:ETHUSD   Ethereum
Weekly outlook still looks bullish , its back at support zone . Daily could be possibly trapping the guys who hid their stops below the lows in end of march, and 4hr and 1hr are all extremely oversold. Trading is about executing your edge when you see it and taking chances along with risk management. The r/r in here is very worth it, I will be managing this trade if it start to go in profit around 370-80 for nice little fight and then maybe we can take it to atleast 400. Granted price action on D, 4H and lower all say its still bearish so no hopes yet of anything reversing, just getting in and out for now. Time will tell, cheers.

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