peterbokma

ETHUSD-SELL strategy daily chart

Short
BITSTAMP:ETHUSD   Ethereum
Weekly chart it is still very overbought, hence we should see lower levels $ 3,100 again. The daily chart has GANN support around here, and it may recover a little back towards $ 3,875 again before lower can be seen.

Strategy SELL @ $ 3,850-3,925 and place SL above $ 4,150. Profit order @ $ 3,257 and thereafter $ 3,057.

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.