ETHUSD POSSIBLE SCENARIO
Updated
If 1280 doesn't hold as support, the most likely outcome for ETH is cleaning up stops below the equal lows and possibly tapping into untested order block at around 1150ish $.
That is strong support and will at least see nice bounce from the area, still need to check on BTC bcs if BTC dumps, ETH could go to 1050.
That is strong support and will at least see nice bounce from the area, still need to check on BTC bcs if BTC dumps, ETH could go to 1050.
Note
P.S. I'm using FTX exchange, which kind of made me stop using Binane and Kraken, could not recommend it enough.Check FTT and SRM for longer term spot buys, Sam Bankman-Fried is an incredibly smart and successful quant trader in whom I truly believe
to make amazing projects.
If in need, here is my referral for FTX exchange: ftx.com/ (5% fee discount)
*not investment advice*
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