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Hey guys,

After crypto has failed to make any significant higher high... well it didn’t even come close to be honest, it looks like we’re going to soon make a new lower low.

I was concentrating on Bitcoin longs, playing for the bottom, but they’re now closed at breakeven. What I should have been playing were Ethereum shorts. I mean the setup was clear as day:

ETH/USD Hourly

Just all about that short term previous support turned resistance.

That was the intraday chart, but now it’s been a few days, the point I’m making is clearer on the following daily chart:

ETH/USD Daily

Should have kept my focus there. Bearish as fuck.

Peace ✌🏻.

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@forexbrokr | Steemit Blog

Forex and Crypto Market Musings.

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