As predicted ETH is bouncing off 1470-1475 that is the first line of support, it is under DO, if it is able to overpass it we can see 1530 and 1560 ( good spot to short ); i look to sale any real bounce, always checking RSI prior opening a position that is on overbought condition and try to sale on resistance with tigh stop; ETH looks weak i do not see any real bullish activity but just bouncing off oversold conditions.
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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.