mrbrendanmyles

Ethereum capitulation coming?

Short
BINANCE:ETHUSDT   Ethereum / TetherUS
ETH is resting at short term Point of Control at 1175 / 1235 range. If this point of control is lost we can test the 1200/1000 levels and pursue further sell pressure. All time historical Volume point of Control is between $100 and $200. If you are leverage trading make sure you set your stop losses near the low volume ranges where the price can lose stability and volatile movements may occur.

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.