Supply and demand void spotted on $ETH
Ethereum looks like it is going sideways just below a price gap. Generally speaking gaps have a lot of unfilled orders and this presents a good Supply and Demand trade.
On the daily chart, we can see that price gapped up along with all the other bullish assets like USDJPY.
I would expect the minor daily gap to be a good entry point to hold for the larger weekly void fill.
On the daily chart, we can see that price gapped up along with all the other bullish assets like USDJPY.
I would expect the minor daily gap to be a good entry point to hold for the larger weekly void fill.
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.