I’m expecting a bit of a bigger sell off as I’m writing this, but it dipped as said.
Currently Ethereum is sitting just below $1000 and even though it could drop to 850 it might be alright to grab a tiny position. Hopefully we see a nice sign of resistance at $1000 for my sake. (I don’t plan on buying more).
Now, If we see a long daily wick that dips to 850 but bounces back and closes around 950 area. AND has a massive volume candle, that would be a better signal for me to grab a bigger position.
(The volume bars are located at the bottom. Below the price bars I have arrows pointing at previous examples.)
Note: Ethereum has been one of the strongest crypto during this market correction.
This is not financial advice and you can lose all of your money if you listen.
- 59Ethereum ETH was my second cryptocurrency. With obvious reasons. In case you aren't familiar, I suggest searching 'What is Ethereum' because I ain't writing all that down. NOPE. Hurts my brain thinking about that. Ethereum is the second largest crypto and the most widely used smart contract platform. It isn't…