DataMoney

What to do when you are late to the party? ETH volatility!

Short
BITSTAMP:ETHUSD   Ethereum / U.S. Dollar
Phew! What a morning! Just look at those numbers! Volatility! 🤑
Now we all are super hyped with recent ETH success to break ATH God knows how many times in the last 48hrs. That is fantastic!
However, if it all stopped there and the price would be stable - we would not be here! Daily traders need volatility .

What's so special about volatility I hear you saying? Surely it should be obvious that we all want to buy low and sell high. So if it is always high... You get the gist.

Here are today's technicals: Position is short. Forecasted highs at 1690 and unlikely to reach 1730. Today's bottomless lows depend on whale activity. Early morning resistance shows at 1567, mid-way point at 1470. Let's rock this boat!

Comments

thanks for heads up waiting to climb back on
+1 Reply
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