ETH RSI levels starting to look over extended, an entry here would be FOMO imo. Likely scenario whenever the temporary top is in will be hourly consolidation down to back test the previous long term resistance wedge line in the mid 1500's. This will be an opportunity to reload with a plan to exit either into the strength of the bounce (conservative) or hold out for new ATH (aggressive), stops can easily be placed under the resistance line. Congrats ETH bulls!
Kommentera:
Forgot to add, by the time the chart gets there back test will likely coincide closely with EMA support which to me makes this scenario seem all the more likely