ETH dumping straight into supports:
- Oversold up to 2 HR
- 4HR trendline support
- D RS zone first time test of the Daily uptrend
- Everyone is bearish AF on the social media
As bulls we enter here at about 1240. There can be another spike to lower low on 5 minute to flush out any tight stops
We STOP out if
- we consolidate here for a while and t hen inject bear volume to the downside
- go below then retest the 4hr trendline and then reject
- get and stay below the D RS zone
LETS GO BULLS LETS PUMP to 1350
WEEKEND TRADING?
- Oversold up to 2 HR
- 4HR trendline support
- D RS zone first time test of the Daily uptrend
- Everyone is bearish AF on the social media
As bulls we enter here at about 1240. There can be another spike to lower low on 5 minute to flush out any tight stops
We STOP out if
- we consolidate here for a while and t hen inject bear volume to the downside
- go below then retest the 4hr trendline and then reject
- get and stay below the D RS zone
LETS GO BULLS LETS PUMP to 1350
WEEKEND TRADING?
Stop loss in
