OSTETH supply at 0.0004200 eroding

17 Nis 2018

OSTETH has been on a steady upwards march over the short term with the established supply zone from 0.0003822 to 0.0004200 capping gains for now. The current supply zone zone has been breached on two occasions lately, indicating a deteriorating supply at these levels. Lower demand zones have been confirmed upon retest. Entry strategy would be to go long at a demand zone below in expectation of a breakout to the upside.