Art_of_Trading

ETHUSD: What Ethereum doing? Breakout, but When?

COINBASE:ETHUSD   Ethereum
The ETH did not move much the past few days. The market move sideways and we see the classic example of balance between buyer and sellers. None of them takes initiative to move the price. It is the area where previous bears and bulls take their profits and new traders are not stepping in, because they not sure what is going to happen next. Patience is the key in this type of situations. The best approach here is to wait the price to move and then enter at the breakout.
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