Updated Up or Down Eth
Eth is getting close to some resolution so we may see an increase in volatility. Hourly chart with displaced EMA with length of 100. Additional trend lines were added to emphasize the sideways wedge that we should be breaking out of. Volume has been very subdued. When the stops are hit in either direction, that will automatically cause a spike in volume. One should be able to make a quick scalp for whichever direction it goes.
For example, one might put in a sell order @ 210 or a buy order @ 230
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.