ETHUSD
ETHBTC broke higher, next week could be a very interesting week for ETHUSD.
605-620 is a very important area for me as the bullish MS was not violated on the last leg down.
If price can breach 620 there’s little standing in the way of 700 then 820. I’m neutral for the most part but my analysis is point towards 820 soon.
There might be some wick fishing above 620 before a dump but I don’t want to risk shorting when market structure is bullish, either way the next entry will come at 620. My current positions are at BE, will scale off 50% at 620 then chill.
Let’s see how it play
605-620 is a very important area for me as the bullish MS was not violated on the last leg down.
If price can breach 620 there’s little standing in the way of 700 then 820. I’m neutral for the most part but my analysis is point towards 820 soon.
There might be some wick fishing above 620 before a dump but I don’t want to risk shorting when market structure is bullish, either way the next entry will come at 620. My current positions are at BE, will scale off 50% at 620 then chill.
Let’s see how it play
Related publications
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.