ETHUSD is trying to recover, but looking at the weekly chart and GANN, it suggest we will see another strong move down, is my personal opinion. We are still overbought, and the erratic movements, shows that the bulls are trying to trick everyone, whilst we have two hammer tops now. The stochastic is positive, but high area, and besides, it is turning currently.
Strategy SELL @ $ 3,500-3,650 and place SL above $ 3,750 for now. Profit now @ 2,950.
Strategy SELL @ $ 3,500-3,650 and place SL above $ 3,750 for now. Profit now @ 2,950.
