I had a script fire a pre warning signal which indicates to look for a second signal when it makes a support/resistance test for a short.
I am looking for a dump and then rally to fade down into the supply zone below.
The short will not be a long term trade, I am really looking to get long eventually but at cheaper prices.
BTC seemed kind of bullish earlier but it's really just flat and I think that makes the alt traders get bored and dump their position. Their boredom could lead to some great buying opportunities on eth but only after having more patience than the bored trades.
I am looking for a dump and then rally to fade down into the supply zone below.
The short will not be a long term trade, I am really looking to get long eventually but at cheaper prices.
BTC seemed kind of bullish earlier but it's really just flat and I think that makes the alt traders get bored and dump their position. Their boredom could lead to some great buying opportunities on eth but only after having more patience than the bored trades.
