Usually very big candles act as S/R. this candle on the left is a very big one and ETH is prone for a retracement. This in combination with the 50% mark of this range (which is a psychological zone) REALLY signals me a drop is coming soon. I reduced my position and will buy every pullback.
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.