CM_Trades

Ethereum finds its legs to $120

BITMEX:ETHUSD   None
  • Ethereum hasn't been able so far to break above its breakdown level and has currently rejected at the supply zone
  • Tagged the level right before we broke the lows and is currently stuck in the OB
  • We could still very well test the wick high in the next supply zone near $127 but it would need some more strength from the bulls
  • We did see some volume come in on that flag breakout but we are still in a bear market so be wary of leaving any long positions unattended/without stops

Thanks guys!

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