ETH has been rejected from resistance zone and now, Its moving between Trendlines ( This Trendlines are new and Very weak ). Current support line for ETH is 980$, Below it we will retest 900$. Also There's heavy resistance line and resistance zone above 1150$.
Indicators are cooling down, But now we won't take a look at them, We're going to take a look at people's choose ! If ETH reject 900$ support, Then many Traders will set a buy order at 770$ - 720$ zone, As ETH is above 980$, It's extremely bullish... Above 900$ is bullish and below it will make a fall ride till 750$.
🔴 Watch for liquidity crisis ! There are many whales and Exchanges that waiting for a good supply zone to Run a liquidity event. 📍 They will setup a Fake buy order wall for people, to take position and then, They will run multiple Liquidity event !
Attention : this is not a financial advise we just try to help people on their own vision.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.