Whale just went long $111M on $ETH.
That's not casual money. Either they know something we don't, or they've got conviction most traders dream about.
Could be insider positioning ahead of a catalyst. Could be someone who's been through enough cycles to size up when risk/reward screams asymmetric.
Or yeah, could just be a gambler with deep pockets.
Either way, when that kind of size shows up, the market usually notices. Watch how price reacts around key levels โ if this whale's right, we'll s...
#Ethereum
Current outlook.
Friends, $ETH broke above the $2381 resistance and has managed to hold above this resistance.
It's currently in a horizontal accumulation phase within the $2381-2515 range.
๐ธIf the price breaks above this horizontal movement, the initial target will be the $2750 levels.
After that, in sequence:
๐ธ$3400
๐ธ$4750 levels will be our main target levels to follow.
For now, everything looks on track.
โ ๏ธAs long as the $2381 level is held, there's no issue.
Keep watching...
Everyone is watching the range, but the 4H tape just whispered something else on $BTW /USDT.
$BTW - ๐ข SHORT ยท Conf 76%
Trade Plan:
Entry: 0.4470678 โ 0.4493522
SL: 0.4739254
TP1: 0.4289234
TP2: 0.4160657
TP3: 0.3967791
Why this setup?
Debate:
Click here to view the chart ๐๏ธ
{future}(BTWUSDT)
โ ๏ธ Personal market analysis only. NFA โ manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referra...