EM Algo - still in long, might see some short term loss.
We are stilll bullish on ETH, but we might see some downwards movement short term.
- EM Algo still in a long on 1h.
- EMA cloud currently red.
- Price currently hovering on the 200 EMA.
- EM Algo in a short on smaller timeframes.
Overall we have seen insane growth and profit the past month, wouldn't enter a trade right now as Powell might cause some volatility.
We are expecting a move pretty soon, and we expect it will be an upwards movement.
Powell speech tonight so expect some volatility.
Bigger chart:
- EM Algo still in a long on 1h.
- EMA cloud currently red.
- Price currently hovering on the 200 EMA.
- EM Algo in a short on smaller timeframes.
Overall we have seen insane growth and profit the past month, wouldn't enter a trade right now as Powell might cause some volatility.
We are expecting a move pretty soon, and we expect it will be an upwards movement.
Powell speech tonight so expect some volatility.
Bigger chart: