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Trisha_Saha
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Trisha_Saha
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$ETH is liquidating shorts. High leveraged positions are being liquidated, regardless of whether long or short. Whales don't easily allow retail investors to hold high leveraged positions.
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$ARB Current outlook. Although the pair slightly breached the $0.5 resistance level, they managed to climb back above it. As long as it holds above the red zone I've indicated on the chart, a rally can be expected, as I've outlined. The chart is quite nice. Keep watching.
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$ETH (1D) - Turning 4K into support? Since early April ETH has been moving inside a parallel channel. At the beginning of August it finally broke through the 4K resistance that has been holding it down since Dec 2021. ETH shortly broke out of the channel, but momentum cooled (bearish stoch RSI cross), pushing ETH back inside. Now itโs testing the $4K region as support. A fresh stoch RSI cross up would be the trigger for continuation. Short-term bleed to $3.5K is possible, but don't panic. Market makers will try to shake you out before the next push to new ATH's. #ETH #Crypto #CrypFlow
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$ETH As expected, ETH dropped to the 3.9k-4.1k zone and immediately bounced off the zone. If the momentum continues, then we may see it at ATH zone of 4.7k-4.8k or possibly a new ATH. #eth #ethereum #ETHInstitutionalFlows #MarketPullback #StrategyBTCPurchase
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