After a brief rally in ETHUSD today, price is close to range conditions in the 5M and 15M charts. The price area around 206 proved to be a resistance zone, leading to a current battle between bulls and bears.
If you took a long position during this rally, it could be advisable to Take Profits in the middle of the Keltner Channel.
However, if you hold ETH from a better position, DMI still shows bull trend and an exit would be advisable below the current support zone (170).
If you took a long position during this rally, it could be advisable to Take Profits in the middle of the Keltner Channel.
However, if you hold ETH from a better position, DMI still shows bull trend and an exit would be advisable below the current support zone (170).
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