Today's Trading Plan based the on volume analysis: ETHUSD
Bulls won in the bloody battle with the bears yesterday and pushed the price above 685. Then they confirmed their intentions by buying a single large order for 227 ETH at a price of 675 at 22.37 GMT (1st arrow on the screenshot). In an hour, once again a single large order for 279 ETH went through at a price of 686 USD at 23.57 GMT in Time&sales (2nd arrow on the screen). A good area for shopping is in the price range of 675-680 USD with the first goal 740-750 USD (3rd arrow on the screenshot).
Our backup plan: a breakout through 675 and to test it from below (4th on the screenshot).
Our backup plan: a breakout through 675 and to test it from below (4th on the screenshot).