IQ

ETHEREUM Long Opportunity - Only If...

Long
IQ  
BITFINEX:ETHUSD   Ethereum
Hello traders! Ethereum is still a strong crypto, the second one right after the BITCOIN. The chart is very similar with the BITCOIN. At this moment ETHUSD is at the bottom of the daily channel. You need to remember that ETHUSD is in a corrective structure right now. We want to see a strong rejection from this level and a strong UP impuls, before looking for buy opportunities. We need to see how the price will break the channel for the upside. Wait for a corrective structure before you enter the trade. Be patient and wait to see how price action develops. Don't jump into the first green candle. We need a STRONG breakout of this structure to confirm the long opportunity. Follow me for future updates. TRADE WITH NO EMOTIONS!

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