A recent stronger breakout on the 7th of April and a quick liquidity sweep on the 11th of April were all that buyers had, it seems, after which the price dipped back to the breakout area, where now we are looking for a similar breakdown, which would open a good shorting position for us. So nothing complicated—the key part is the breakdown on $ETH ; wait for it and once we get it we can take a short! #Crypto #Trading #Hormuz

Share







Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.