ETH cant withstand USDT.d hard bottom
First of all we had a good run up for a coin who called dead.
Remember we have been in the 2250 - 2500!! From the lows its a rough 75% up.
ETH couldnt propell up like other coins did, e.g. XLM 5 fold XRP the same...
But now we are here at the big support of USDT.d
Expect hard drops, like no one can imagine at that time.
I painted some arrows with the next Fibonacci but it could also be 1 Fibo line below for each arrow to start and stop.
Only future will tell.
Trade safe and stay in spot market as it brings constant gains over long time.
Forget leverage you will be wiped out of market as i experienced lev trading from 2016-19.
After i stopped that gamble i had profits in my hand and bank account :)
Remember we have been in the 2250 - 2500!! From the lows its a rough 75% up.
ETH couldnt propell up like other coins did, e.g. XLM 5 fold XRP the same...
But now we are here at the big support of USDT.d
Expect hard drops, like no one can imagine at that time.
I painted some arrows with the next Fibonacci but it could also be 1 Fibo line below for each arrow to start and stop.
Only future will tell.
Trade safe and stay in spot market as it brings constant gains over long time.
Forget leverage you will be wiped out of market as i experienced lev trading from 2016-19.
After i stopped that gamble i had profits in my hand and bank account :)
Trade fermée: ordre d’arrêt atteint
i will colse the chart as stopped out; even hours after we that big drop and i could get hardly out of the short; it was very short lived.
roughly 5mins on the lows and then V recovery up. i assume most of ppl couldnt profit, if not already rebuy orders have been set.
Note
we got our shakeout
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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.