crytobullmike

ETH/USD Kraken Weekly chart!

Short
KRAKEN:ETHUSD   Ethereum
Look for a test higher(If BTC tests higher). Pay attention to the 200 moving average. Not in any positions. Both longs and shorts seem risky at current levels. wait till the move higher comes in before you place shorts. Wait for retest of trend line to consider longs.

Keep your TA simple. Leaning towards the downside as of now. After the move up first of course. But my attention is of course primary on BTC.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.