ETH/USD - Wait from deviation
I anticipate increased volatility in cryptocurrencies over the next week. ETH/USD appears to be mirroring a pattern observed a few weeks ago. This similarity can be spotted in the RSI and the 'Investor Satisfaction & Price Divergence' tool. The current trend looks corrective.
I'll hold off on taking spot swing positions on ETH/USD until I see a departure from the present trend.
While considering positions, I'm being cautious. Some indicators, especially on the Weekly, 2-Weekly, and Monthly timeframes, raise my suspicions – most notably the MACD and stochRSI.
I've already taken a very small position around the current price of $1835 in case the price doesn't deviate. These positions remain very small in terms of risk management.
my opinion is essentially the same on BTC/USD.
Stay sharp, keep an eye on the charts and indicators, and be ready to act when opportunities present themselves.
I'll hold off on taking spot swing positions on ETH/USD until I see a departure from the present trend.
While considering positions, I'm being cautious. Some indicators, especially on the Weekly, 2-Weekly, and Monthly timeframes, raise my suspicions – most notably the MACD and stochRSI.
I've already taken a very small position around the current price of $1835 in case the price doesn't deviate. These positions remain very small in terms of risk management.
my opinion is essentially the same on BTC/USD.
Stay sharp, keep an eye on the charts and indicators, and be ready to act when opportunities present themselves.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.