ETH: Recover from a long-term support

in #cryptocurrency6 years ago


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Yesterday ETH touched the $250 support line and had bounced back nicely from that point. As trading in $289 at the moment, ETH showed a dominant bullish force.

However, I had booked my profit partially and now waiting for the dip from BTC reaction. I feel this is just a small attempt to test the trendline, and BTC is still quite struggling to keep up. I would prefer to have a Short position in BTC when it passes $6500 area an wait to book profit.

For ETH, I would wait for the dip, again.

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