You are getting emotional with what you are seeing on $BANK and this is not a sign for you to open long positions or buy on spot, this is a simple trap to get your attention, make you fomo and dump on you.
Forget about BANK, remember that before $LAB went to $0.14 all the way from $27 it played this same card, after crashing to about $6, Lab started pumping and a lot of people thought it was going to $30 this time around and the next we saw is a red candlestick and that was the end.
Keep an ...
For Spot Traders, I took a look at the chart for spot traders, and I honestly think this is a solid entry for people looking to buy and hold $ETH . This is the weekly time frame, not daily or hourly. This is the weekly chart, and as you can see, this zone is a good one for spot traders.
Buy between $1,400 - $1,800 and set your stop loss at $1,300, meaning if $ETH goes below $1,300 after you buy, then you can sell at a loss.
It is also very important that you use a stop loss when spot trading. ...