This looks like a great place to open a long position at. The downtrend has continued for 2-3 days and the market has shown to recover itself within that amount of time frame. The damage was already done and was sustained very well when having hit the bottom at 0.0248. It may go sideways but I call ETH going up within tomorrow or Saturday and setting up for its next rally.
Trade closed: stop reached:
Shorters want to squeeze the little to no juice left from this Lemon. Ill let them have it an place long at the new bottom.
Trade active:
The new bottom was made at 0.020, I placed a Long at 0.022 and will leave it open from now til 0.04+