Eth is responding to $250 the same way BTC is responding to $10k. It's trying to avoid it and tends to bounce off it or jump across it without printing much volume right on top of it.
I'm not doing anything yet but once BTC confirms $10k as resistance I will be looking to short eth from tests of $250.
Longer term I am looking to buy up eth in the high volume areas shown in green. I am very bullish on eth in the long term even though for the next few weeks or months I am bearish .
Whether I actually trade this short or not this is still an important part of the plan in finding a way to accumulate eth at a good price.
I'm not doing anything yet but once BTC confirms $10k as resistance I will be looking to short eth from tests of $250.
Longer term I am looking to buy up eth in the high volume areas shown in green. I am very bullish on eth in the long term even though for the next few weeks or months I am bearish .
Whether I actually trade this short or not this is still an important part of the plan in finding a way to accumulate eth at a good price.
