ETH - A new ATH or the continuation of the correction ?
Yesterday i was confident we have reached the end of an ABC correction so it would be time to go up, and therefore opened a long at 1968 usd. Fortunately it end up going up, nevertheless the volume is so small and the move end up not reaching new highs or overpassing previous candles lows, i fear we are due for a new correction, and closed the long.
I will buy more if we reach the bottom of the channel or to 200 EMA level, but for now i see that there isn't a clear path defined.
on a side note: The comments that the WTO Director General, Ngozi Okonjo-Iweala, has made today about regulations associated to "Digital systems" makes me wonder what is coming
I will buy more if we reach the bottom of the channel or to 200 EMA level, but for now i see that there isn't a clear path defined.
on a side note: The comments that the WTO Director General, Ngozi Okonjo-Iweala, has made today about regulations associated to "Digital systems" makes me wonder what is coming
Commentaire:
It reached the top of the band might go up but a bit more but i expect it to reach 1970 within 3 days! I will buy another position at this level