Art_of_Trading

Is Opportunity Here? - ETHEREUM Analysis

Panjang
BITFINEX:ETHUSD   Ethereum
The ETHUSD market was being ‘quit’ recently. Sellers and buyers are not committed themselves to control the price. However, there could be an opportunity for long. The market is close to the structure low that is mini support at 680 area. The price respected that level few times and it is more likely it will do it again. The second structure low is at 660, which acts as support as well. The more conservative approach will be to wait the price to be bounced back at these key areas and then open the position.
Penafian

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