ETH/USD -- new ATH rally poised for a consolidation down to 660$
Updated
Aside from trend indicators currently in over-bought side, accumulation/distribution ratio on ETH has been skyrocketing within the last trading days of 2020, and will continue to do so throughout 2021.
Nevertheless, a small consolidation to expected for January 2021 -- down to 650-660$ at first target -- before another leg up above 770-780$ later in Q1-2021.
SHORT ETH/USDT from 730$ on a small timeframe to play consolidation levels for first days of 2021
Nevertheless, a small consolidation to expected for January 2021 -- down to 650-660$ at first target -- before another leg up above 770-780$ later in Q1-2021.
SHORT ETH/USDT from 730$ on a small timeframe to play consolidation levels for first days of 2021
Trade closed: stop reached
SL at 770$ taking loss as ETH is already up to reach 780$.
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