Good morning, brothers. Let's continue with the Ethereum from the day before yesterday. At that time, a friend asked me in the comment area, why did I say that there was obvious resistance near 2560, but the point was still placed above?
The answer is on the volume column below. The buying power is obviously greater than the selling power, but there is no particularly strong buying volume, so a breakthrough is certain
I guess he has another question that he didn't ask, why is the point placed at 258-2590?
Because this is a support and resistance exchange zone, and it is a false stop-loss signal. As long as the price reaches here, the first reaction of the trapped brothers must be to sell
Stop at today's trend? Actually, there is nothing much to say. You can tell by looking at the trading volume. It is another sideways day. There will be no movement until at least 3 or 4 this afternoon.
The day before yesterday, I was attacked by viral influenza again. In the past few years in the cryptocurrency circle, I didn’t save any money and my health collapsed. I stayed up late every day to watch the market. Now my immunity is very poor. I will get the flu every time. Brothers, take care of your health. $ETH