After selling pressure above $1250 ETH is testing a very important – but not strong - support level at $1105.
A monthly close below this level could be really a disaster for Ethereum, as it will trigger a 40-60% fall.
Except some local stops there is nothing strong to support the price.
Be Careful with leveraged longs!
A monthly close below this level could be really a disaster for Ethereum, as it will trigger a 40-60% fall.
Except some local stops there is nothing strong to support the price.
Be Careful with leveraged longs!
❝I find more and more that it is well to be on the right side of the minority since it is always the more intelligent.❞
