#ETHUSD #Ethereum still nothing to be worried about for a local
216
bottom play from 200 to 300s. Rising RSI on this consolidation pattern implies the move will be to the upside. Wicks can definitely stop you out given the lack of general belief in a local bottom here and lack of liquidity. Nevertheless, entries near 200 would still provide nice R/R for the breakout.
Note
(Im)perfect timing on this one, which is why risk management is key. Previous idea now in play:
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