I think we might see a big push up from either here or the 1930 area. Nothing fundamentally to suggest that ETH isn't going to regain some traction soon. We are extremely oversold with mac'd loosing momentum and reversal indicted in the 1h 2h and 3h waiting for 4h confirmation to expect a nice push.
Something very interesting to note is that within the last 2 weeks price has closed in the red, but has ranged from 2100=2800. this is an excellent sign for intra day traders to enter at this SAFE buy zone. are we sure that ETH will buy this week. No not certain, but i think we have enough indicators to take a possible 5-10% SL on her starting tonight. and to be honest by Wednesday or Thursday morning we could be looking at TP5 2800. I will probably stack this at support levels as long as i have time and awareness to catch them and on this first entry we are going to risk $50 of loss and even if for some reason i get busy or can't find safe opportunities to stack my trades, I will make a minimum of 100 and a max of $500. If it happens to run wild and break up we could see even better intra week gains. but we will take it slow. Good luck everyone.
Not advice. Trade safe.
Something very interesting to note is that within the last 2 weeks price has closed in the red, but has ranged from 2100=2800. this is an excellent sign for intra day traders to enter at this SAFE buy zone. are we sure that ETH will buy this week. No not certain, but i think we have enough indicators to take a possible 5-10% SL on her starting tonight. and to be honest by Wednesday or Thursday morning we could be looking at TP5 2800. I will probably stack this at support levels as long as i have time and awareness to catch them and on this first entry we are going to risk $50 of loss and even if for some reason i get busy or can't find safe opportunities to stack my trades, I will make a minimum of 100 and a max of $500. If it happens to run wild and break up we could see even better intra week gains. but we will take it slow. Good luck everyone.
Not advice. Trade safe.