Hi friends. Lets look at ETHUSDT chart window. Modified "Earned" script show passive sells now. I mean exchange sold in small volumes. And traders are also passive. They just close their long positions and push price more down... My opinion if exchange does not start longs from 705 in near time price will fall to 670 (x-lines level). Follow me.
Trade active
Purchasing empty. Its small fake growth.
Trade active
We still under 748. And still exchange sold big volume of ETH. Large volume of traders trade BTC now. And i think chance for falling to 670 is actually now.
Trade closed manually
Upper trend on force purchasing (BTC mirror on).
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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.