PolarHusk

ETH/USD ($3.3k Potential Support?)

KRAKEN:ETHUSD   Ethereum
💎Technical Analysis Summary💎


ETH/USD

-Ethereum is holding above the important S/R area
-This is a good sign in the short term action
-If ETH can maintain this area for at least 3-5 days
-I think we will have a good chance to retest the 3.8k
-That is the best scenario if Bitcoin will remain stable too
-Because once BTC starts consolidating in a range
-Altcoins tends to move stronger against Bitcoin
-I'm not taking any trades right now because it is still too early
-I'm patiently waiting for any signs of strength especially BTC
-I'll sit in cash because it is a trade position
-Please don't force any trade unless there is confirmation
-Good luck everyone!



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