LIVEThis long order for ETH generated floating profit of 50,000 USD.The short order worth 23 billion US dollars is about to be liquidated ‼ Is the short position going to be liquidated⁉Should I take profit for my long orders⁉
There is a article with market predcition below, which gives the precise entry poin of 3388, and then the following figure 1 is the basis for predicting that market will surge.
No matter where you go long, it is very likely to have to stop loss, but there is no real plunge in the market. The price just slightly move below the previous low point, so the market show a bullish washout and the liquidation of shorts. Therefore, we called for going long on Ethereum at 3388 yesterday, and then it hit the lowest point,making huge profits‼ #zkairdrop #BinanceTournament #Airdrops_free
LIVEAs mentioned before, ETH will rebound twice at the support level of 3428 after retracing from 3652, and then BTC will experience a plunge, causing ETH to decline sharply.
However, the decline of Ethereum has weakened significantly, and it rebounded quickly after slightly breaking through the strong support of 3428 to 3382. It can be regarded as a trend of stopping the decline and shaking out the bulls.
Several subsequent support levels:
The first support is from 3528 to 3458
The second support is from 3424 to 3388
ETH may experience a plunge to the support level of 3288.
You can try to take long entry with stoploss to take advantage of this market trend.#BinanceTournament #FederalReserve
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