As you guys can see in the picture, ETH has been respecting the orange trendline since May. It's just an idea but if it can't make a higher high (in red) I think that shorting will be very profitable. What's your opinion?
Order cancelled
ETH is now trading above 200 MA, made a higher high and successfully retested the upper line of the orange trendline (bullish)Disclaimer
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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.