Short ETHUSD - Another box
Hi guys.
Boxes speak louder than words.
Boxes speak louder than words.
Note
DON'T worry about the fake extended upmove. But I have to admit that I am wrong,if it closes above 110.60 for me.It's very slow and range bound, without clear direction.
As another Indication you can use Ripple XRPUSD.
You will see it has been in the same price for many many hours. If XRPUSD does not make a move, our ETH won't make an extended move either.
When Ripple gets out of the small range, then it's also a green light for eth to make the bigger move.
Note
Closed at 109.94Trade closed: stop reached
Note
I know it will reach above 110.60 soon, so I closed early now.I will see if it stays above 110.60, or just goes above, turns around and stays below.
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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.