jalapablo

Ethereum Supply Predominates

Short
COINBASE:ETHUSD   Ethereum
Supply is predominating in the current trading range for ETH, which denotes a potential redistribution range. And not only predominating but emerging at key junctures where demand should show its cards if a markup were on the books.: areas like TRR (range resistance) and TRM (midpoint 0.5%). It's not clear how deep the distribution can range, but things are (for now at least) looking a bit bearish. Favorable for DCA investors and short speculators.

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