ReiX

Small ETH correction. How I'm laddering my buys.

ReiX Updated   
COINBASE:ETHUSD   Ethereum
ETH will likely correct here. Bearish divergence on the daily, over-bought on the weekly. BTC/ETH ratio also looking to re-test support.

If it goes up, I will buy on the re-test of the 230 area.

After the correction, the strong up-trend is likely to continue.
Comment:
Another bounce up the pattern but we should correct in the next 1-2 days.
Comment:
This is why I don't short during a trend like this ;)
Comment:
Got filled on the 216 order. Let's see if it bounces here. If it dips further, buying more. If it bounces hard, buying more on the re-test of 230 ;).
Comment:
This is playing out with near perfection.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.