djthistle01

Ethereum (ETHXBC)

KRAKEN:ETHXBT   ETH / XBT
354 3 1
Price is in a long boring wedge . Looking to long a breakout or short the break down, it is in far too much of a chop to be worth getting in a position now. It is currently making the first steps of a bearish motion, but I am out of this until the wedge breaks.
How did it turn out for u?
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the bearish pivot was perfect and has only printed red since the post, choppa chop! only looking to long when momentum turns green. LTC and BTC are showing a bit of weakness, so not the time to yolo ETH yet.
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though i am not in a position at the time of publishing if i have to pick a bias it is bearish for the short term with the red doji and falling StochRSI in a weak MACD environment.
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