Ethereum has been ranging in swings perfect for day traders and scalpers; the trend consolidated, is lacking better signals to enter on a trend trading setup.
- Trend: Sideways with a downward tendency - MACD is under the 0 it will probably hover around it - SMAs are to close, traveling into a horizontal position - Price is ranging around 70 SMA
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.