ETHPERP
ETH - Waiting for reaction at $3000Ethereum price is rapidly approaching $3000 level. Today's daily candle looks really strong, what will be reaction near another one important psychological level and will it be?
Looking back, the first reaction of about 2,000 thousand was a rejection. Honestly, expecting something similar now. Not going to short ofc, I'm not crazy, will heavily buy a dip after (if) that happens.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!
ETHPERP Squeezing Flat Looking To BreakWe should see some action here, as the bears and the bulls are both taking a "rest" lol at 2145 their battling to take charge and lead the way to determine if were going to be rejected like the pimply kid with a mullet on prom. Or if we have the rocket power to continue on our way to the moon. HOPING to see a break in the trend that's more flat than a 12 year old boy!
$ETH - How Low Can You Go? $1,175-ish, I think? So after drawing the fib From the previous fall to the new high, I was actually see the top make a "resistance" line form. And Samart Money always tells me that those resistance lines will be broken. I just thought sooner than later, So I was Scalping at the top getting 40-50 tpips about 3 times when I realized it could drop. So I stopped scalping. (And I should just the damn sell button on MT4) I realize there are two liquidity levels that it could fall under. The first is nearby, the second is just above the 70.5% retracement level (my favorite level because it always hits it or comes really nearly) So My gut is telling me we're going to see it drop below both of those liquidity levels (What I mean by liquidity levels is that those levels appear to be "safe support" levels, when in actuality the big institutions know that and know you'll buy at those levels that I have marked in gold lines one the left, while instead they drive the price deeper cause in you to go negative and they receive and buy at a discounted rate, "discount" is relative to the price at the time. I’m) So I'm thinking 1180 is a safe place for a buy limit if you're buying on an exchange. But, if you
're trading futures or CFD's like me, you want to be more precise, so I'm thinking 1175-1176 ish. I don't know just yet and I'll have to wait and see what happens when/if it gets there.
Depiction of price on the way down.
ETH - Sell-off after rally (scalp)Eth experienced 8% sell-off after yesterday's rally.
Overall still it looks good (fundamentals, market etc), but short term it could be sold into $450 resistance (considering BTC PA). Placed some asks and patiently waiting.
Information is just for educational purposes, never financial advice. Always do your own research.
Hit the "LIKE" button and follow to support, thanks!