Ethereum fails at $2.5K: How $466M in liquidations crushed ETH
The lack of response at the $2.4k demand zone highlighted bearish dominance and extreme momentum.
The lack of response at the $2.4k demand zone highlighted bearish dominance and extreme momentum.
Bitcoin was trading well below its realized price of $79.1k and was at a 14-month low.
Though STX was trading below $0.325 once more, the sustained downtrend has stalled.
The $0.13 local supply zone and the short-term Bitcoin bearish momentum threaten POL bulls' potential this week.
The supply zones overhead, if overcome and flipped to support, would be a sign of a reversal of the bearish...
nstitutions bought the dip as ETH slid toward support. Were they early or exactly on time?
Further Bitcoin weakness can bring PUMP below a key local support and shift its bias bearishly.
The H4 chart showed that a bounce toward the $1.90 area would represent a selling opportunity.
The liquidation map highlighted a cluster of high-leverage liquidations around $4.58 that could be targeted later this week.
The Open Interest drop off reflected extreme deleveraging, but a technical price rebound is still possible.
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© 2017 JNews - Crafted with love by Jegtheme.
© 2018 JNews by Jegtheme.