CM_Trades

Ethereum continues printing grey candles!

BITFINEX:ETHUSD   Ethereum
Ethereum continues to trend sideways in this range and as we can see on the chart using SCMR, indecision is the story being told by looking at the candle for the past few weeks. After breaking above the triangle and testing resistance we have returned right back into the range and yet again await some type of volatility to have a sense of direction.

Until we get a stronger move, sitting on your hands is probably the best play here.

Thanks guys

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