ETHUSD- wait for a new higher high then long.
ETHUSD very similar situation obviously always correlating nicely with bitcoin, market bounced of the confluence of support with the trendline and the demand zone and has now formed a higher low- inverted head and shoulders formation, we are waiting for a break and close back above the resistance before looking for a entry to long.
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.