Duriano

ETH outlook short

Short
BITFINEX:ETHUSD   Ethereum
I don't like that price did not touch the marked OB that finally caused the drop. However, to me, ETH seems to have entered a downtrend/correction. I hope for a last push towards the low of the range or even better a retest of the supply zone that caused the BMS on the HTF. This is one of the setups that has statistically worked best for me.
My entries are marked by a yellow dot for either scenario.

Duriano.

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.