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TheCryptoHedge
Mar 11, 2022 12:25 AM

Complete lack of volume, short it. Short

Ethereum / US DollarPoloniex

Description

It looks like the entire cryptocurrency market is about to take a plunge. from constant failed breakouts, to low volume this market seems to be on thin ice.

Too much uncertainty, and every small volume pump is being retraced. Either sideline, or take advantage of shorting.

This is not financial advice.
Comments
mstajner
Based on open buy orders there is no way to go under 2550. I agree on volume... there has to be a large move first in any direction to make market alive again. Over 2700 everybody is selling and under 2600 everybody is buying. For now there is just to little room to trade....and hardly any news.
shadowsigma76
@mstajner, I agree with you there sideways is all we have seen for over 24 hrs! ???
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