#RAY (Update)
Back inside the Triangle due to Bitcoin Movement.
You Can Close this for Now or Wait for Breakout.
Stop Loss : If 4h Candle Closed Below the $7.20
Back inside the Triangle due to Bitcoin Movement.
You Can Close this for Now or Wait for Breakout.
Stop Loss : If 4h Candle Closed Below the $7.20
#ETHUSDT 2H Chart update
As BTC fell down as did ETH also creating a 2h supply zone and breaking the support at $3,302.93. Price reached previous demand zone and bounced back up perfectly especially that BTC is moving upwards at the moment. We also see a hidden bullish divergence on RSI and MACD is showing bearish weakness. Price will most probably reach the 2H supply zone at $3,330 and we will be looking for its reaction then to expect clearer future movements.
https://www.tradingview.com/x/85P2D5tI/
As BTC fell down as did ETH also creating a 2h supply zone and breaking the support at $3,302.93. Price reached previous demand zone and bounced back up perfectly especially that BTC is moving upwards at the moment. We also see a hidden bullish divergence on RSI and MACD is showing bearish weakness. Price will most probably reach the 2H supply zone at $3,330 and we will be looking for its reaction then to expect clearer future movements.
https://www.tradingview.com/x/85P2D5tI/
TradingView
Chart Image
#Bitcoin is one the best-performing assets of the decade.
Yet, most of the traders lost money.
There is a lesson here
1. Don't day trade if you are not experienced
2. Don't blindly follow trades on Twitter
3. Avoid trading volatile events
4. Don't trade low timeframes
Yet, most of the traders lost money.
There is a lesson here
1. Don't day trade if you are not experienced
2. Don't blindly follow trades on Twitter
3. Avoid trading volatile events
4. Don't trade low timeframes
The number of total wallets on #Polygon is quickly approaching the 51M threshold, which is only about 40M wallets (44%) away from #BinanceSmartChain