CryptoMobster

ETH - Downtrend To Next Key Weekly Zone?

Short
BYBIT:ETHUSD   None
Looks painful but not impossible, ETH to possibly run down to the $120 price points which is the previous key psychological level.

With ETH 2.0 coming up in the next 12 months, don't expect the price to stay around there forever.

Be careful going long, high number of longs vs shorts, if this falls enough, a cascade of liquidations will follow.

Your Intro To Cryptocurrency Investing & Trading Success...

Learning Crypto: learningcrypto.co.uk
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.