ETHUSD
ETH is breaking down and extremely vulnerable whilst below the resistance line falling from the highs. It's a sell off that
line, with stops above it. It looks like this will fall away in stages, with each fixed line of support offering a chance for
day traders to close shorts and then sell again as it rises to test the line above it. There are some nice, big very
profitable ranges opening up below now. It will try to put up a fight around 378, and has already spiked to just above the
line today ...but it's quite likely to fail is what the chart is sadly saying. If you are long here for some reason, please sell.
You'll be able to buy his way cheaper soon. That outlook only changes once the dynamic from the high is beaten on the
upside from here. Only then will this flip from negative to positive
2 hours ago: ETH is in a mess. Sell any longs picked up for small profit/break even - can short it too if day trading. We can get this cheaper later on.
This could be a very good opportunity coming up to get long at really good prices over the next 24-48 hours. Be flat or short of all baby Alts for now.
This is a good opportunity coming up...powder dry, or short for now
ETH is breaking down and extremely vulnerable whilst below the resistance line falling from the highs. It's a sell off that
line, with stops above it. It looks like this will fall away in stages, with each fixed line of support offering a chance for
day traders to close shorts and then sell again as it rises to test the line above it. There are some nice, big very
profitable ranges opening up below now. It will try to put up a fight around 378, and has already spiked to just above the
line today ...but it's quite likely to fail is what the chart is sadly saying. If you are long here for some reason, please sell.
You'll be able to buy his way cheaper soon. That outlook only changes once the dynamic from the high is beaten on the
upside from here. Only then will this flip from negative to positive
2 hours ago: ETH is in a mess. Sell any longs picked up for small profit/break even - can short it too if day trading. We can get this cheaper later on.
This could be a very good opportunity coming up to get long at really good prices over the next 24-48 hours. Be flat or short of all baby Alts for now.
This is a good opportunity coming up...powder dry, or short for now