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).
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.