ETH needs to make a decision soon.
ETH is currently trading in a symmetrical triangle and is getting very close to the end of it. This means we should see some volatility soon either to the upside or the downside. I think if ETH can turn this 1800 dollar area into support it can easily break to the upside. If not and rather gets rejected here a break out to the downside is more likely. Which in any case I am happy.
For a break out to the upside I will look at setting a momentum long order and with a move to the downside I will look for a nice entry to go long.
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Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.
For a break out to the upside I will look at setting a momentum long order and with a move to the downside I will look for a nice entry to go long.
-
-
-
-
-
-
-
-
-
-
-
-
-
Disclaimer: The content covered in this channel is NOT to be considered as investment or trading advice.
I am NOT a financial adviser. These are only my own speculative opinions, ideas, theories, hypotheses and trade setup ideas on the market. The content posted in this channel is purely for entertainment purposes only and the information is NOT to be used or replicated by others.