With the amount of money being pumped into Ethereum, there is enough volatility to make money both ways. Long scalps will be better as it is currently in a major bullish leg.
For SHORTS, watch for the break of the ascending trendline and short until the guy regions indicated on the chart.
For BUYS, watch for the 3970-4000 area. If price doesnât bounce there, watch out for the 3800 area.
Targets for Buys will be previous top $4200 as first target and then $100 increments for following TPâs or stoploss management levels.
Watch for buying near the zones indicated and scalp!