Yesterday 
ETH went and closed below the 200D EMA, normally this is a very bearish sign for at least the short- to middle term.
But following yesterdays bounceETH is now trading above the 200D EMA again, which could lead to (when close above) a bullish deviation.
This would probably mean that a lot of late shorters below the 200D EMA will be trapped and squeezed out of their shorts the coming week(s).
ETH went and closed below the 200D EMA, normally this is a very bearish sign for at least the short- to middle term.But following yesterdays bounce
ETH is now trading above the 200D EMA again, which could lead to (when close above) a bullish deviation.This would probably mean that a lot of late shorters below the 200D EMA will be trapped and squeezed out of their shorts the coming week(s).
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.