ETH needs to verify breakout and show that previous resistance (1270-1280) becomes support.
Notice ETH also hit descending TRENDLINE.
4H RSI, MACD, & SQUEEZE all are overbought.
Short to 1270, then watch price action for support (further advance and higher prices) or rejection (further down).
Good Luck
Notice ETH also hit descending TRENDLINE.
4H RSI, MACD, & SQUEEZE all are overbought.
Short to 1270, then watch price action for support (further advance and higher prices) or rejection (further down).
Good Luck
Trade active
Enter: 1380Stop loss: 1430
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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.