Ethereum
Short
Updated

ETHUSD: Bump roads ahead

520
bearish divergences on the 4hr. Volume drying up and buyers becoming more scarce.

An inverse C+H could form if we see rejection at horizontal resistance. If this is the case, look for support around 250 USD for re-entry
Trade active
Short opened, looking for support to cover around 250. GL!
Note
here is a chart of the inverse. it's "bullish" (bearish", and is poking out of BB to signal a "buy" (sell)

snapshot
Trade closed manually
Hidden bull forming on the hourly, switch to long.
Note
snapshot
Note
Safe place to take profit, however it appears thats there is a hidden bull forming on the 15M. PT is $390 USD

snapshot
Note
adding to long

snapshot
Note
Look to add around the 292 USD RAMGE

snapshot
Note
add

snapshot
Note
looking to add again at this range:

snapshot

Disclaimer

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.