Blood will be spilled as the charts are painted crimson over the coming days. This is following on from the original ETH doom idea which I posted at the end of March. Support will be found on the bottom of the weekly Keltner channel ($18-20) and this is where I will be buying back/longing.
Note
Trade closed manually
Trade cancelled because of the drop in BTC price. There seems to be so much unwarranted support in the crypto community for this coin but it's really just a shitcoin. Big players keeping the price well above its real value.Note
Just a quick one. Sad this didn't play out but whatever; ride it to the top instead. Head and shoulder officially broke last night on ETHBTC.Trade active
This trade is back on. 4h bands squeeze and will release soon, sending the price to the downside as Ethereum continues to fall gradually. The move is being fuelled by the Bitcoin price rising. Note
ETHUSD pair is currently pumping and pretty much at its current ATH. The 1D SAR on ETHBTC currently keeping this trade in play. If it breaks I will close my short. Order cancelled
Possible ETF decision for ETH is the likely cause for this price rise right now. coindesk.com/sec-now-weighing-ethereum-etf-proposal/
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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.