ETHUSD
ETHis back in the buy zone - look to buy on dips or put an
order in and go fishing - how deep to lay the bait? 413 with
stops below 409. And then a long shot at 392. Old bull/young
bull - again...to chase or to wait and let the cow come to you
(in this tale of mixed metaphors, it's late) - old bull will sling
an order in at 392 and if it gets hit great and if it doesn't
there are other fish/cows to catch.
ETHis back in the buy zone - look to buy on dips or put an
order in and go fishing - how deep to lay the bait? 413 with
stops below 409. And then a long shot at 392. Old bull/young
bull - again...to chase or to wait and let the cow come to you
(in this tale of mixed metaphors, it's late) - old bull will sling
an order in at 392 and if it gets hit great and if it doesn't
there are other fish/cows to catch.
Comment:
ETHUSD Update
ETHUSD
ETH is breaking down and extremely vulnerable whilst below the resistance line falling from the highs. It's a sell off that
line, with stops above it. It looks like this will fall away in stages, with each fixed line of support offering a chance for
day traders to close shorts and then sell again as it rises to test the line above it. There are some nice, big very
profitable ranges opening up below now. It will try to put up a fight around 378, and has already spiked to just above the
line today ...but it's quite likely to fail is what the chart is sadly saying. If you are long here for some reason, please sell.
You'll be able to buy his way cheaper soon. That outlook only changes once the dynamic from the high is beaten on the
upside from here. Only then will this flip from negative to positive again.
ETHUSD
ETH is breaking down and extremely vulnerable whilst below the resistance line falling from the highs. It's a sell off that
line, with stops above it. It looks like this will fall away in stages, with each fixed line of support offering a chance for
day traders to close shorts and then sell again as it rises to test the line above it. There are some nice, big very
profitable ranges opening up below now. It will try to put up a fight around 378, and has already spiked to just above the
line today ...but it's quite likely to fail is what the chart is sadly saying. If you are long here for some reason, please sell.
You'll be able to buy his way cheaper soon. That outlook only changes once the dynamic from the high is beaten on the
upside from here. Only then will this flip from negative to positive again.
This could be a very good opportunity coming up to get long at really good prices over the next 24-48 hours. Be falt or short of all baby Alts for now. This is a good opportunity coming up...podwer dry, or short for now