FX_Professor

Answering your Questions- ''What if it goes higher?''

BITSTAMP:ETHUSD   Ethereum
Well, in that case we can Buy again only if thei resistance level is broken, (ie the price breaches over it) and comes down to test it as support.

Then, technically speaking, the price gets a confirmation and we can feel comfortable to Buy again.

Until that happens I am sticking to my short ethusd with my stop loss above the resistance.

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