ETHBTC tested the resistance zone 0.12 recently and returned to the support zone 0.1.
Such behavior proves that ETH is in the indecisive state for now, and probably will stay in the 0.1 - 0.12 corridor for some time.
Nonetheless, as the price is near the lower bound of the corridor now, we have an opportunity to make profits from the lateral movements.
Buy at the 0.1 level and sell near the 0.12 resistance.
Such behavior proves that ETH is in the indecisive state for now, and probably will stay in the 0.1 - 0.12 corridor for some time.
Nonetheless, as the price is near the lower bound of the corridor now, we have an opportunity to make profits from the lateral movements.
Buy at the 0.1 level and sell near the 0.12 resistance.