Short-term ETH Bart move

26 thg 1, 2019

We can see that the upmoves on 4H chart are getting pushed down and the volume is low. This most likely means that the institutions/professional traders are setting up short positions from the bounces, using the liquidity from the retail traders who lose money with FOMO longs and triggered stop-losses.

So from this short-term prediction, ETH will retest $112-$114 area.

29 thg 1, 2019

Ghi chú

ETH followed the line lige magic. If you have positions open, you can close them or wait a bit further, but have a trailing stop-loss.