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ETHUSD Ethereum LONG 1 HR Chart

Hello to all watching my charts

Here is Ehereum again in the focus.

Still long

But we have 2 moves here.

First and bigger move is clear to the upside (blue trendchannel long)

but my the shorttime system is now even flat. !!

So we have to get an eye again on the bigger and longer timechannel
to check whats going on.

Dont follow the guys which tells you Short, Short, Short..

cause we should have here the rule:

We should trade what is really happens in the chart
and not what could happen in the future...

So till the blue channel hold i suggets to stay long...
No Sign of short at these time

2 Possibilites are in status:

First : The pair ignores the short time flat signal
and is smoothly running further up in my longsyystem (blue lines)

Maybe...

Second: The pair follows the shorttime signal as shown flat in the shorttime system and the long
is over and a more sideways trend will follow.

As a consolidation.

Only if ETHUSD break both channels to the downside i suppest to talk about short.

Good trades

If you want to support my work and chart please like them...

Renkotrade

Renkotrade