ETHBTC Trading Idea

The market reached 0.150000 and we can expect a correction movement. If we buy now, our long trades will be opened too far from the right levels. It's better to wait when price drops to one of Fibo levels such as 0.120000, 0.10000, 0.080000 and the uptrend line. These levels will be good for buying, if we have price reversal confirmed by RSI. As for short trades, we can try to catch a possible down movement selling from 0.150000 level. Short opportunity can be on lower timeframes. But don't forget that these short trades will be opened againts the main trend and we must have strong signals for such trading.

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