Two scenarios to consider for the days to come. Even if I remain bearish in the medium term on 
ETH, with targets marked in red, I keep in mind that it is not impossible that the market will look for liquidity towards the $3250 zone.
Indeed, the global sentiment seems to be bearish, a rebound in this area would allow some shorts to be liquidated before making the
final move.
I take the risk of being long for the moment and will correct my position if necessary.
ETH, with targets marked in red, I keep in mind that it is not impossible that the market will look for liquidity towards the $3250 zone.Indeed, the global sentiment seems to be bearish, a rebound in this area would allow some shorts to be liquidated before making the
final move.
I take the risk of being long for the moment and will correct my position if necessary.
Note
In lower tame frame, we can notice imblance's areas left by the price action.
Note
I will close my position if this area is broken
Note
in lower time frame, for the moment the price action is efficient, no gap left by the movement
Trade closed: stop reached
I'v been ejected from the market, my analsys don't work, will observe price action now
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.
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.