In order to invalidate the bearish scenario, ETH must move higher than Kijun Sen (red line) at 235$.
Trade active:
Comment:
Still waiting for an entry point. We might go higher.
Comment:
This bullish divergence on the daily timeframe still holds me back from shorting ETH.
Still waiting for more clarity before taking action.
Still waiting for more clarity before taking action.
Comment:
Another bullish signal is the break of the RSI trendline (4h).
Long positions: 480k ETH
Short positions: 202k ETH
Here is the number of long positions on Bitfinex
Here is the number of short positions on Bitfinex