Trader-Elisa

ETH more bullish than BTC

Long
BITMEX:ETHUSD   None
ETH remains more bullish than BTC, unable to take out the lows or break $200, and instantly making higher lows off the first bounce and frankly if I'd seen it a couple of hours ago I would have longed! As it is I need to wait for the next dip.

Obviously expect similar PA to BTC, a bunch of price levels untested above without wicks leaving short stops behind, a middle resistance around 213. However if we dip again I suspect this will hold relatively higher than BTC although 200 may be a panic level.

198 is still my next retest level, around the trendline and 178 being the next pink arrow below.


Ascending triangle broken, a bounce on 208.85 would be very nice.


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