peterbokma

ETHUSD-SELL strategy

Short
BITSTAMP:ETHUSD   Ethereum
No change in view.

We remain SELLER @ 1,980-2,050 for a move to $ 1,450 for now. Place a stop-loss above $ 2,350 for now.

The pattern seems to start breaking downward and stochastic is negative currently and quite high. This feels heavy and for that reason the suggested strategy.

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