ETH

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ETHEthereum / TetherUSBINANCE:ETHUSDTbohdanpolishchukAs you can see, we have been in a range for the last 40+ days. I think there is a chance we will stay here until March. On the chart, we have short and long zones that can be tested several times before a big move. My plan is the following: 1. The main short setup: I will wait for a liquidity grab at 3450 or 3650. 2. Short and long zones are potentially good for trades, but only after confirmation. There is still liquidity beyond these zones. 3. Statistically, February is a positive month, so if we see a liquidity grab at 2600 or 2400 before buyside liquidity, I will look for longs targeting 3450. In the end, as you can see, it is hard to find good moves on lower timeframes. Price can stay in a very tight range for weeks, so it is better to wait until price reaches a premium or discount area before making a decision. BTC has a similar situation. If you are interested, let me know.