As you can see we've recently hit a low point on our Shorts for ETH. I would wager at this point a correction is due. However, looking at the chart, we can see the MACD cross positive signaling the correction will continue albeit still not sure how far.
If I had to guess though, I'd say we creep our way up to that level of interest smack dab in the middle of the chart that it has interacted with many times throughout, before descending again.
If I had to guess though, I'd say we creep our way up to that level of interest smack dab in the middle of the chart that it has interacted with many times throughout, before descending again.
Note
perhaps something like this:Note
Potentially correlating with this in ETH
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.