The medium-term view is unchanged, and feel strongly we will see lower levels in coming weeks. $ 3,650 area is expected, and perhaps even below $ 3,000.
The short-term picture is little muddled, and judging the Kagi possible change, may suggest we will see little bit higher $ 4,700 once again, before going lower. The DMI shows the tendency of lower ETHUSD. However, am slightly cautious, and feel we may see little higher before lower again.
the strategy is therefore, SELL at $ 4,650 - $ 4,900, rather trying to buy. The danger is downwards, and the move up is to provide sell opportunity.
The short-term picture is little muddled, and judging the Kagi possible change, may suggest we will see little bit higher $ 4,700 once again, before going lower. The DMI shows the tendency of lower ETHUSD. However, am slightly cautious, and feel we may see little higher before lower again.
the strategy is therefore, SELL at $ 4,650 - $ 4,900, rather trying to buy. The danger is downwards, and the move up is to provide sell opportunity.