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Ethereum is currently ranging beween $363 and $347. This weekend we have seen extremely low reads of volatility which usually suggests a big move on the horizon.
Ethereum is also currently flagging and recently tested the bottom side of the flag.
HOW TO TRADE THIS RANGE
1. Wait for a 2H candle close above 363 or below 347
2. Make sure that their is increased volume with the candle that broke the range
3. Buy the retest of broken support/resistance
4. Enjoy profits
Ethereum is currently ranging beween $363 and $347. This weekend we have seen extremely low reads of volatility which usually suggests a big move on the horizon.
Ethereum is also currently flagging and recently tested the bottom side of the flag.
HOW TO TRADE THIS RANGE
1. Wait for a 2H candle close above 363 or below 347
2. Make sure that their is increased volume with the candle that broke the range
3. Buy the retest of broken support/resistance
4. Enjoy profits