ridethepig | ETH Market Commentary 2020.09.16
Plenty of exciting opps in the Crypto markets as we dip back into oversold areas drawing an interesting amount of clients to start building full sized positions which likely reflects the underlying view that Cryptos are here for the long haul.
📌 I am looking for this completion leg in BTC to a minimum of $12,000 which will clearly help moving ETH as collateral.
Flow wise, with a small offset from the European session yesterday so far there has been a lot of activity and interest to buy the dips in ETHUSD - sticking with longs here, taking 372.5x remains the key to pandoras box above at 430. While below the 340 should turn soft support.
Thanks as usual for keeping the feedback coming 👍 or 👎
📌 I am looking for this completion leg in BTC to a minimum of $12,000 which will clearly help moving ETH as collateral.
Flow wise, with a small offset from the European session yesterday so far there has been a lot of activity and interest to buy the dips in ETHUSD - sticking with longs here, taking 372.5x remains the key to pandoras box above at 430. While below the 340 should turn soft support.
Thanks as usual for keeping the feedback coming 👍 or 👎
Note
'While below the 340 should turn soft support.' ✅
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.