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/biz/ - Business & Finance

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49739296 No.49739296 [Reply] [Original]

I think the daily ETH chart has carved out a nice starting power for a significant recovery rally. It's pretty sure that we've hit major support levels and they've held despite MASSVIE volume dumping into them they've held.

Easy early target would be the top of the 4h range at about 1250. If that get rejected we got below 1k for sure, if not we'll probably initiate a +55% move to retest 1700.

>> No.49739348

Bought yesterday and feeling good about it.

>> No.49739411

thinking the same however note the possible pending liquidations, eth is extremely weak

>> No.49739481
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49739481

>>49739296
Holy shit, I need a coffee.
>a nice starting power
Mean to say "a nice starting point" and I've also said that the support levels have held twice.
>>49739411
Yeah, we're also heading into the weekend. It's a bit shaky. I wouldn't open a long but I'm comfortable with holding ETH given the risk/reward. Willing to eat the loss if we should form a new lower low because the potential gains are really sick.

>> No.49739491

>>49739296
eth bros, I have exactly 111 eth. I'm trying to accumulate more but it's a struggle since my wage is absolute dogshit. Will I make it in the next rn? I have absolutely no hopium left, everything looks so fucking shit.

>> No.49739746

>>49739491
That's a nice stack. What's your average price?

>> No.49739815

>>49739491
Sell all 111 eth in the next bear market rally, and then buy back after it dumps again

>> No.49739837

>>49739296
LOL you stupid nigger

>> No.49739848

>>49739815
Never go allin on a single trade.
>>49739837
Your counterargument being?

>> No.49739873

>>49739296
seems youre right. we gotta have a bounce. i went 25x long at 1091

>> No.49739884

>>49739873
Don't forget to set an SL, bro.

>> No.49739896

>>49739746
My average is like 260 USD so it's still good profit but absolutely terrible when I think about what could have been if sold... Fuck man I actually feel sick.

>> No.49739917

>>49739884
every time ive ever set one its scamwicked me out of massive profit. i dont gamble with funds i need. market close master race

>> No.49739977

>>49739491
>lost half the money in just a week

>> No.49740134

>>49739977
yes. my chest hurts.

>> No.49740168

Looks like you're right.