GreaterNinja

small short

Short
GreaterNinja Aggiornato   
POLONIEX:ETHBTC   Ethereum / Bitcoin
2
stoch rsi for 4h is pretty high ~99 ish (oversold)
1 hour stoch ~90.6 (oversold)
hourly rsi approaching 70...aproaching oversold.

I think price will bounce off cloud and head back toward ~.115 to .108/200 ema, then re-test cloud. Usually that is what happens.

OTOH daily stoch rsi is very low.

I am trading light on this one because this could also be the beginning of another rally.
Commento:
Sorry...i haven't slept much...been writing a paper all night.

the stochs and rsi's say overbought on 1 hr and 4 hr.
daily stoch rsi says oversold.
Commento:
I think we might see a dip in btc within the next hour or two, this will temporarily bring eth/btc ratio down.
last 4 hour and its big whisker top says that we might be going back down.
stoch rsi on 4 hour says way overbought
4hr rsi is approaching overbought
1hr rsi stoch says overbought
1hr rsi says almost overbought
WIth lack of significant ethereum events nearby, I don't see eth/btc staying up ~.12 too long
Trade chiuso: obiettivo raggiunto

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