Bias: I am overall targeting 600-400 $ as next area. But;
- Considering CURRENT price action, I will look for longs around the 1020-1070 ( 900 if) zone on light selling retest for short-term long opportunities. Or/and at a break upside the 1175-1250 ish area for a bullus bias, on sign of strength. -> Which then, I will target the 1420-1360 area. But since I am holding a bearish bias overall, I will look around the 1420-1360 zone for exhaustion of the relief ( if relief), for shorts opportunities.
* Will carefully examine the move upward unfolding to be sure to be out when the drop is continuing again *
&
- And in the case of no relief unfolding, and selling volume taking over again short term. I will look for -> A break back under 1050 on heavy selling, would be a sign that the downtrend is resuming with no short term bounce. And I will look for shorts under the 950-900 & 600-400$ as my next targets.
Daily
Weekly
Monthly
Eth going for 3 digits, how nice !
- Considering CURRENT price action, I will look for longs around the 1020-1070 ( 900 if) zone on light selling retest for short-term long opportunities. Or/and at a break upside the 1175-1250 ish area for a bullus bias, on sign of strength. -> Which then, I will target the 1420-1360 area. But since I am holding a bearish bias overall, I will look around the 1420-1360 zone for exhaustion of the relief ( if relief), for shorts opportunities.
* Will carefully examine the move upward unfolding to be sure to be out when the drop is continuing again *
&
- And in the case of no relief unfolding, and selling volume taking over again short term. I will look for -> A break back under 1050 on heavy selling, would be a sign that the downtrend is resuming with no short term bounce. And I will look for shorts under the 950-900 & 600-400$ as my next targets.
Daily
Weekly
Monthly
Eth going for 3 digits, how nice !