MaDBOneZ

supply and demand on Ethereum daily timeframe suggests a short

Short
PEPPERSTONE:ETHUSD   Ethereum


etheream is strongly heading up to a major key level on ETHUSD daily chart aggressive swing trading options are available if entries put on major and stop limits on upper level of the previous head and shoulders supply level
the entry will come after a final bullish push towards the supply level


indicators line ups
-stochastic rsi has been overbought for quite some time and is due to reverse
-upper donchian band leveling off at key level
- weak bullish alligator in a macro bear market

suggested entry during the next couple of days expect this to exit on a strong bullish reverse to the upside to double dip with the swing trade
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