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Congradulations with your profits to all who traded yesterday my long scenario. Ether as well as any altcoin repeats the movement of the main cryptocurrency Bitcoin.
Long
Etherium is important to hold the level of 1650-1675 in order to come to the first target of 1800 dollars from there it will be necessary to watch the reaction of the seller. At the moment please keep your attention on SPX500 and Bitcoin, if the major indices will fall, the Ether Pos will not help to hold.
Short
A downtrend in Etherium is possible if we consolidate under this scenario... We go under 1580 see no buyer reaction 4H (3x) break through 1425. and are more likely to go to close the gap at CME to the 1285 area
P.S.
In the analysis of the instrument, I do not adhere to time frames, the reaction in the instrument may occur sooner or later. It is important to understand the price movement in response to the level, as well as the reaction of the buyer and seller. Well, a couple more secrets, but you already have a ready-made script)
Congradulations with your profits to all who traded yesterday my long scenario. Ether as well as any altcoin repeats the movement of the main cryptocurrency Bitcoin.
Long
Etherium is important to hold the level of 1650-1675 in order to come to the first target of 1800 dollars from there it will be necessary to watch the reaction of the seller. At the moment please keep your attention on SPX500 and Bitcoin, if the major indices will fall, the Ether Pos will not help to hold.
Short
A downtrend in Etherium is possible if we consolidate under this scenario... We go under 1580 see no buyer reaction 4H (3x) break through 1425. and are more likely to go to close the gap at CME to the 1285 area
P.S.
In the analysis of the instrument, I do not adhere to time frames, the reaction in the instrument may occur sooner or later. It is important to understand the price movement in response to the level, as well as the reaction of the buyer and seller. Well, a couple more secrets, but you already have a ready-made script)
Good luck and save your deposits
