TheTradingBasics

ERDUSDT

BINANCE:ERDUSDT   None
Every channel is only valid until it's not.... looking like people are being sold overhead supply currently or in other words they are being sold the main network. A little sideways movement and breakout would be the preference.

Remember, this asset had 30 million cap a couple of weeks ago and grew to over 200 million in a matter of a week. These people want returns fast.
Comment:
lol, it's never you finding a good entry... it's the market making you buy at a certain level. Locks you up and spits you out at the bottom when the pain is too great.

TB
Disclaimer

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.