ETH is inside a small triangle on top of the ascending channel between 1788 and 1711 as predicted and has not moved too much from there, I really would like to buy a pullback to the 1640 area that is the 50% retarcement of the move up, but would give a try if it breaks up the ascending triangle after a retest of the break, mae sure it will bounce and not crash down ; BTC is doing good and US Dollar is not making any real move up or down, so ETH could make another push up, i do not see sign of bearishness at the moment, so i will long a good spot if it opens up, but would not short at this time ; RSI 1H is not looking good as it is curving downm, 30 Minutes is near oversold and 15 Minute is oversold, there are not imporant news to be afraid of so lets see if we get a nice trade going on soon
Note
10% long opened at 1730 with tight stopNote
will closed if rejected at Resistance or break down supportNote
increased long to 20% , tight stopNote
i entered too early the trade, I was not patient, but still live the small trade open as 1700 is offering a support lineNote
will increased position at break of the descending traingleTrade closed manually
closed at BE as i moved up the stop prior the news, waiting time againDisclaimer
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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.