ETHUSD Short in the channel range

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While the trend is bullish for alts and eth while bitcoin is consolidating, some safe trades can be taken by playing the channel range at the tops and bottoms. Risk-reward looks rather favourable right now.
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It's hit 1600, so the bias looks bullish now. Close shorts and stay flat or go long until price retraces below 1550.
ETHUSDParallel Channel

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