Hi everyone If you see my last TA on ETH you can see the price moved upward to our destination. so what now?... ETH has a very good potential for more bulls but right now seems the price needs to correct to find a good support level to bounce again. so it can decline to our support uptrend channel. bollinger bands is getting tighter to tell us get ready to move one direction. if the price gain a good volume momentum we may see new uptrend. I just wait to see if the price can break 250. then go for long otherwise the price will decline.
ETH BTC............................... ......................................... ETH has the maximum potential to go upward against BTC. but if bitcoin declines we may see the price decline to our support area. as you see on my chart I go for long position if the price break 0.0255 upward. (this is what I do and I won't recommend you to do the same) the market is too risky at the moment. if you want to open a trade just make sure what you afford to lose.
What do you think? eager to see your comments here.
Enjoy the market
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short position activate below 0.025. set your stop up to 0.026. our goal is around 0.023 "trade what you afford to lose"
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still validate.
Enjoy it (:
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no comment. Enjoy it (:
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going upon the 250 is a good sign for refresh uptrend. we have some resistance levels on the chart.