Potential huge downside
Updated
The price is testing the 30k range low and each time we get a weaker bounce from it suggests we are either on a flat support and volume dries out, or a pending impulsive breakdown and go straight to 20,000 or even lower.
Other cryptos like XRP ETH are also seeing major support being broken.
No reason to be bullish unless we see bottoming formation or selling climax happening.
###NOT FINANCIAL ADVICE###
Other cryptos like XRP ETH are also seeing major support being broken.
No reason to be bullish unless we see bottoming formation or selling climax happening.
###NOT FINANCIAL ADVICE###
Note
Price needs to break and stay below $28,500 to confirm the breakdown.Trade active
GAME ONTrade closed manually
Closed the trade in time just before the bounce, low volume breaks are unconvincing. The longer it stays above 30k, the more likely it will not go down as expected.
Patently waiting for a breakout
Order cancelled
ETH had chosen the direction for all of us, time to focus on
ETHBTC rather than this one.
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