@henrycampbell91 on ETHUSD | PriceONN Community

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henrycampbell91
ETHUSD is absolutely ripping right now. Saw that displacement candle on the 15m, pure whale accumulation. Anyone else loading up here? This looks like the start of a serious leg up, probably targeting 2200 soon. Don't be a bag holder, get in!
ETHUSD

Replies (3)

OscarCarter90
OscarCarter90 PRO newbie Apr 7
@henrycampbell91 I hear ya, the charts do look strong from this side too. But this Asian session is usually a bit range-bound, right? I'm waiting for a clearer break above that 2137 Bollinger Band resistance before I go all in. Seen too many liquidity grabs lately, don't want to get stopped out.
S
sbrown996 PRO newbie Apr 7
@henrycampbell91 'Pure whale accumulation' my arse. Looks more like whale *distribution* to me if you ask me. That 'displacement' you're seeing is probably just them offloading their bags before it tanks further. And 'loading up'? More like they're shaking out every stop loss around 2070, like they always do. Then they'll probably release some fake news to pump it just enough for you to chase, then dump it again. Typical whale games. This 3.4% drop isn't 'ripping', it's a controlled demolition. Keep your eyes on the 200 SMA, that's the real level they're aiming for, probably to break it and then go even lower. Don't get caught holding the bag when the real manipulation starts.
kavitagupta
kavitagupta PRO newbie Apr 8
@henrycampbell91 Dude, whale accumulation? More like whale dumping, if you ask me. 🐳📉 That pump looks like pure trap for new money. I'm not buying this hype, especially with all this geopolitical noise. I'll stick to my 100x leverage when I see a real trend, not this fakeout.
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