After the FUD dump last night we have seen a bounce, a top, and now the bulls look for a higher low on the hourly.
Personally traded the bounce twice on ETH last night, and just got filled 1/3 position 1155. Will look to add on a 5 min higher low.
The correlation still stands with BTC where I am making my decisions on ETH based on what BTC is doing.
Anticipating a lower high on the hourly and a tightening range into the rest of the morning.
We should see a clear break of this range this afternoon/evening on the East Coast.
Protect your trades! Getting stopped out, even for a small loss, allows for cash to play these bounces.
I took a small loss in LTC last night when the dump started, and made it back easily on the first bounce trade.
Remember FUD is a reason to be a bit more patient as RSI levels can get more extreme.
Personally traded the bounce twice on ETH last night, and just got filled 1/3 position 1155. Will look to add on a 5 min higher low.
The correlation still stands with BTC where I am making my decisions on ETH based on what BTC is doing.
Anticipating a lower high on the hourly and a tightening range into the rest of the morning.
We should see a clear break of this range this afternoon/evening on the East Coast.
Protect your trades! Getting stopped out, even for a small loss, allows for cash to play these bounces.
I took a small loss in LTC last night when the dump started, and made it back easily on the first bounce trade.
Remember FUD is a reason to be a bit more patient as RSI levels can get more extreme.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
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.
Checkout our full trading resources online chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
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.