Ethereum
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Ethereum potential long levels

After our recent short trade in ETH which worked really well, Ethereum has now found a new balance area with Point of Control around 755 levels. I still have a bullish bias ahead of Consensus next week, and would to get long either at the breakout of the H&S neckline (where we shorted for our last trade) which is 775, with a stop of 755, or preferably would like to see it retest the very strong balance area with Point of Control at 680, which would provide a lower risk long. Will update this idea when either level hits.
Not
Market continuing to rotate in a small balance area, with 775 still difficult to break and downside support at 715-720 holding. Still waiting for either 680 or 775 to get long.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.