ETH holding key levels: I am long
Think a lot of crypto traders are under-positioned on the long side. *Medium term* downtrend remains intact, but think we see a rip higher off these levels at least into next key resistance. The lower risk play is to wait for more confirmation on high volume. I am long here.
ETH Monthly - Looking at ETH from a bird's eye view it's still holding firm above the weekly closing highs of 2018 and the 50 month sma:
ETHBTC - I have a preference for ETH as long as it's above this level:
MARA is potentially front running crypto:
COIN setting up for a failed H&S/squeeze (still in a very strong downtrend but if it the H&S fails we could see a squeeze higher):
S&P 500 held the 200 week MA and rotating on the daily. This could be a signal for short term risk-on appetite:
ETH Monthly - Looking at ETH from a bird's eye view it's still holding firm above the weekly closing highs of 2018 and the 50 month sma:
ETHBTC - I have a preference for ETH as long as it's above this level:
MARA is potentially front running crypto:
COIN setting up for a failed H&S/squeeze (still in a very strong downtrend but if it the H&S fails we could see a squeeze higher):
S&P 500 held the 200 week MA and rotating on the daily. This could be a signal for short term risk-on appetite:
Note
Target one here (trim spot):Note
ETHBTC:
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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.