ETH, VOLUME GROWTH=WHALES INDICATOR!
Updated
Ethereum(ETH). The TOP 1 altcoin fell 12% after renewing local highs!
Locally, the price is now in a bearish trend. The support zone of $3042-3185 has stopped the DUMP!
It is possible to open long positions after false breakout and volume growth. The LOW volumes show that the liquidation of LONGS and the collection of SL by WHALES have not happened yet.
Mid-term target for the long will be the area of $4000-41050. On the horizontal volumes there is resistance at these levels.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Locally, the price is now in a bearish trend. The support zone of $3042-3185 has stopped the DUMP!
It is possible to open long positions after false breakout and volume growth. The LOW volumes show that the liquidation of LONGS and the collection of SL by WHALES have not happened yet.
Mid-term target for the long will be the area of $4000-41050. On the horizontal volumes there is resistance at these levels.
Friends, press the "like" button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Note
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