Updated View On Ethereum ETH/USD (24 Feb 2021)
A great action is met with the great reaction.
Now it has found the support near 1380~1400 region. At the same time 1700~1800 region had become as a strong resistant region too.
It is definitely risky for a short now. We can expect it to drift higher to the above mentioned resistant region first.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
A great action is met with the great reaction.
Now it has found the support near 1380~1400 region. At the same time 1700~1800 region had become as a strong resistant region too.
It is definitely risky for a short now. We can expect it to drift higher to the above mentioned resistant region first.
DYODD, Our trade analysis may not suitable to intraday (or) short time frame trading.
Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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Update On Ethereum ETH/USD (28 Feb 2021)
Well, Well, Well.
Our target $1,300 is hit. Congrats if you followed.
Pls donate some of your winning for me.
Well, Well, Well.
Our target $1,300 is hit. Congrats if you followed.
Pls donate some of your winning for me.
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The high gas fee on ETH is causing strain on the ETH network right now and ETH failed to stay above 1700.
Of now, we shall see further downside for now.
Retesting of 1400 is pretty likely and 1300 shall be next.
If you want to buy in, I suggest you should wait.
Let's see.