ethbtc speculative view
looks like possibale long on lower TF
but weekley looks very bearish
overall market conditions also supports the downtrend idea
but short trades in bouth direction totally possibale
look for short if close under 5360 and rejects and close under weekly line
look for long if close above and holds 5487 area
***
Tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles- F.M.dostoyevsky
looks like possibale long on lower TF
but weekley looks very bearish
overall market conditions also supports the downtrend idea
but short trades in bouth direction totally possibale
look for short if close under 5360 and rejects and close under weekly line
look for long if close above and holds 5487 area
***
Tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles- F.M.dostoyevsky
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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.