ETH possible short
Updated
Been watching ETH for a while now. Successfully rejected on 15min chart, bearish confirmation.
Short in a short-term, possible support at 1940. Also the unlock news doesn't favour Ethereum. On daily, there might be a cup and handle formation, which leads us to support around 1720.
If long, I'd wait for entry around 1750-1800.
These are just my thoughts. Remember, I have no idea what I'm doin.
disclaimer: I have got short position.
Short in a short-term, possible support at 1940. Also the unlock news doesn't favour Ethereum. On daily, there might be a cup and handle formation, which leads us to support around 1720.
If long, I'd wait for entry around 1750-1800.
These are just my thoughts. Remember, I have no idea what I'm doin.
disclaimer: I have got short position.
Note
Also, some might say weekly resistance is broken. But I think it might be a fakeout on an overbought territory.
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