ETH - 21/12
#ETH is currently trading in a very small range creating higher lows and lower highs.
Even thought there's a strong bearish sentiment in the market we could still see it going up to 1240 if somehow it manages to break the resistance range of $1216-$1225.
Either for a Long or Short I'd wait for a breakout confirmation below the current trend line (short) or above the resistance range (long).
*Candle color depicts volume
#ETH is currently trading in a very small range creating higher lows and lower highs.
Even thought there's a strong bearish sentiment in the market we could still see it going up to 1240 if somehow it manages to break the resistance range of $1216-$1225.
Either for a Long or Short I'd wait for a breakout confirmation below the current trend line (short) or above the resistance range (long).
*Candle color depicts volume