We've hit one of Ethereum's major resistance level. I' have opened a cross margined leveraged position, as I believe we'll see a small pullback before our next move upward. My stop loss is open, but I'm monitoring the trade in real time. I now realize Bitcoins 17,000 could have been the bottom. So the crypto market is in a very critical condition right now. Stay tuned. This will most likely end up a scalp trade or intraday position.
Note
I meant to write 1990 USD.*
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.