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$ETH
Ethereum is still trading within the range between local demand and resistance. After a strong drop, the price hasn't been able to hold above the nearest supply zone, so it's more interesting to trade from the edges of the range rather than the middle right now.
Long:
Entry: 1670-1705
Targets: 1730-1770
Stop: dynamic if it closes below 1660
Short:
Entry: 1810-1840
Targets: 1770-1730-1700
Stop: dynamic if it closes above 1850
After a price movement of 1-2% in favor of the position, part of the position is taken off the table, and the stop is moved to break even.#MyGateTradeStory #GateProofOfReservesReport