Asian Market has been a little rough during the night. 
ETHUSDT
Things might not look good for ethereum regarding fundamentals, as CZ is trashing it and "fud"ing ETH on a daily basis.
Though, guys, ETH is not going anywhere, it might perform a little weaker than expected, but there is still a lot of room to grow.
Thing is , we are still in for boring sideway action between the 1300 / 1540 range
Support held well, it's just everybody is in doubt and fearfull.
Right now, you all need to chill, this is nothing but a little needle prick.
3 Bullish divergence are building up on the RSI also, (common to bitcoin chart) and this might indicate a much stronger bounce than expected
But as a day trader, this is the right occasion to remember to always take profits, and stay out of the market once it's done.
You want to remain a calm observer, with 0 emotions.
And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure.
I would recommend to use 0 to 1/4 of your position on leverage, not more, right now.
See you all tomorrow, and don't forget to smash that like button !
Things might not look good for ethereum regarding fundamentals, as CZ is trashing it and "fud"ing ETH on a daily basis.
Though, guys, ETH is not going anywhere, it might perform a little weaker than expected, but there is still a lot of room to grow.
Thing is , we are still in for boring sideway action between the 1300 / 1540 range
Support held well, it's just everybody is in doubt and fearfull.
Right now, you all need to chill, this is nothing but a little needle prick.
3 Bullish divergence are building up on the RSI also, (common to bitcoin chart) and this might indicate a much stronger bounce than expected
But as a day trader, this is the right occasion to remember to always take profits, and stay out of the market once it's done.
You want to remain a calm observer, with 0 emotions.
And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure.
I would recommend to use 0 to 1/4 of your position on leverage, not more, right now.
See you all tomorrow, and don't forget to smash that like button !
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.