Ethereum playing at key levels, under 0.01 btc for first time in +10 months.
Green dot lines: remaining support levels
Red dot lines: resistances level
Grey/black lines: fractals of past behaviour of price in similar situations.
Green straight line: All Time High
Red straight line: All Time Low
MACD looking bearish again, it failed (though it tried it) to show a bull signal.
RSI about to reach oversold zone, could be a reversal signal, but we know FOMO in crypto triggers when we are at oversold/bought areas.
EMA and MA looking bearish, EMA since last 5-6 weeks, and MA for 1 week. MA is mostly bearish since July, though it tried to reverse it 2 weeks ago and finally failed 1 week ago.
Current trade:
Target 1: 0.009 -- 40% of initial position
Target 2: 0.0067 -- 60% of initial position
base price 0.0102
Mostly waiting for the perfect set-up. This is a small trade if i compare it with my xmr trade and my btc trade. Will go bigger into this trade if eth, against my expectations, goes up enough.
If eth bounces back up to 0.0156-0.0158 area i'm opening a relatively big short.
If 0.0235 is reached, i'm all-in short.