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Bitcoin, Ethereum Technical Analysis: ETH Falls to 15-Month Low to Start the Weekend
BTC/USD fell to an intraday low of $28,911.36 to start the weekend, taking prices to their weakest point in almost two weeks.
Despite the drop, prices still remain above support at $28,800, however some expect the sell-off to intensify as the weekend progresses.
Should we see the 14-day RSI move below its current support of 40.50, then we could see this expectation come into fruition.
Saturday saw ETH fall to its lowest point in over a year, as prices of the world’s second-largest crypto token plunged.
To start the weekend, ETH/USD fell by nearly $300, hitting a bottom of $1,583.10 earlier in today’s session.
This is the lowest level prices have hit since March last year, and comes as prices broke out of support at $1,720.
This video was created to help people learn more about trading stocks and or Investing in the stock market.
I suggest stocks weekly to day traders and investors to consider.
DISCLAIMER: I am not a financial advisor. These videos are for educational purposes only. Investing of any kind involves risk. Your investments are solely your responsibility and we do not provide personalized investment advice. It is crucial that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Please consult your financial or tax professional prior to making an investment.
#stocks #Investing #crypto #money
Thanks for watching the video [ BUYING ETH | TAPPING OUT | THIS TIME IT’S DIFFERENT ]
22 Comments
Don't Tapp totally out the market, Do what you need to do but just be ready to buy During a recession
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When are you starting your Weeble challenge?
You have always been a 📤amazing and professional software provider to me thanks a lot I got my 2BTC safe with no complain you are the best on here 💵💸
Thank you uncle Larry!
I m around 16k down (more than 60%) but still DCA and lowering that average cost as much as i can so that i can benefit more WHEN (not if) markets recover in a few YEARS time.
I’m down over %50 in both my crypto and stocks it’s a bit discouraging but I’m going to $$$ costing down
Today is Monday, June 13, 2022 and Joe Biden is THE worst president ever.
One of the greatest books I've ever read was "The Compound Effect." Everyone should read it. It applies to EVERYTHING in your life.
i'm on webull, with a small account…looking forward to joining the small account challenge!
As always, thanks for the words of wisdom on Sunday! Keep us well informed and please continue to pay for us! Thank you!
My plan is to wait a month then consider getting into crypto, not worth it to DCA considering how the market is right now.
IF THE WORLD 🌎 HAS☝️MORE PEOPLE LIKE HIM THEN IT WILL DEFINITELY BE A BETTER PLACE….THANK SO MUCH FOR THE 0.4BTC YOU’RE THE BEST
EVERYTHING GOING DOWN. TESLA BACK TO 80 DOLLAR'S A SHARE.NIO BACK TO 3 DOLLAR'S A SHARE. MARKET IS RIGGED.
And of course mr Larry Jones is gonna say he has been cash all around . Man stop it! I don’t know how many idiots still listen to those YouTube scammers. Crypto is hot garbage!
ok but what are this solid stocks? drop some names🤷♂️
But this time is Different
Anybody still in this mess is NUTS! The losses are too much I HAD to cut my losses.
<I started watching your videos earlier last year as a beginner before giving stocks a trial and I've been able to scale from $220K to $680K, I did get an advisor for supervision and accountability as you recommended.Thanks.
I’m still buying #shib
Hey! missed you when you visited Las Vegas! I'm sure you enjoyed the weather in Utah a lot more than here!! If you ever do a live event here, post it, love to meet you!! great job as always
Great information!! Thanks!!
We are getting murdered