This was a great play to start the morning off right. Very good R/R imo
There's been almost no volume in the past few days, which leads me to believe a big move is going to happen soon. I'm still very bearish so I would think in all likelihood we go down to retest the 6300 levels. My position is currently short with a decent stop loss set. Would be nice to see some real action, regardless of direction. Cheers and happy trading!
I wonder what will happen with ETHBTC. It's been finally moving upward but very slowly. I don't trust like that.
Still clearly in downtrend and it looks sort of like the chart is having a drooling seizure at the end there. Maybe Soros will pump it soon. RSI is really low like yearly low tbh Bad time for shorts to enter in low 6000s Wouldn't long this either could end up very badly
As someone who owns a lot of ETH, I would advise against buying it at this time. It's got far far more to drop! Praise Vitalik~
As much as I hate this token and think it's a scam, I'm watching it because it's reaching a critical level of support against Bitcoin. Plus it's looking quite oversold! Also there's futures contracts for it on Bitmex now that allow for up to 20x leverage trading it. Do what you will with this information ;)
It either bounces at 7000 or it keeps dumping down to the 6000s Looks horrible and highly unpredictable. no trade zone for me stay safe.
I feel quite neutural at the moment. I've closed my short this morning (EST) at just under $7200. I am waiting for either a further pullback or some consolidation before making my next move. RSI or my other indicators certainly aren't giving me any quality information. Status: Flat
Closed my short today and opened a smaller one (1/3 of the size) around 7333 I am pretty confident it'll go down to at least 7.2K and quite possibly even lower.
I'm short term bear on this one. I think we could see the 7600 resistance collapse and go all the way down to 7450. It doesn't look too great. the daily and 4hour look awful today
I've been pretty bullish for the past week or so. I think we've hit a clear bottom around 7000-7500 and I think we are in a great buy zone. This is just a prediction at what will happen in the coming days before another bullrun.