ETH has a lot of work to do. This ETH pump is a bearish pullback.
I'm still bearish on ETH and I'll be bearish until we break above the marked high. If we broke above the high significantly and sustained there at that moment I'll be a ETH bull again. Until then technically it is just a bearish retest.
I do not trade futures, I'm a spot trader so my plan is simple. If it breaks above the high then I'll look to buy the dip otherwise I'll not touch this thing.
I'm still bearish on ETH and I'll be bearish until we break above the marked high. If we broke above the high significantly and sustained there at that moment I'll be a ETH bull again. Until then technically it is just a bearish retest.
I do not trade futures, I'm a spot trader so my plan is simple. If it breaks above the high then I'll look to buy the dip otherwise I'll not touch this thing.
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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.