ETH Preliminary Support at 750
I've been thinking about scenarios where both Buyers and Sellers lose money the most. This is one of them. I'm making a note here as reference in the future, should this come to fruition.
Preliminary Support for ETH is mid 700's, where I will be buying. Probably around 736.
It would make sense here to create a Bull Flag / Inverted Head & Shoulders, as to increase available Distribution liquidity.
Many will be waiting to buy lower in the 300-400 range, which probably won't happen. It seems too easy, too obvious.
Anyway I am Short for now until this area :)
Preliminary Support for ETH is mid 700's, where I will be buying. Probably around 736.
It would make sense here to create a Bull Flag / Inverted Head & Shoulders, as to increase available Distribution liquidity.
Many will be waiting to buy lower in the 300-400 range, which probably won't happen. It seems too easy, too obvious.
Anyway I am Short for now until this area :)
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