- 41d 11h 37m
I still have a small amount of doge so I've been following it. It's had a remarkably stable floor of .03 (give or take) for days. I assumed it would crash.
Been watching ETH all morning, think some whales are cashing out. 30 minutes after ETH hit a new all time high, 600 ETH was sold within 10 seconds.
I still consider myself a newbie when it comes to trading but I figure that someone moving that kind of money in a single transaction (that 400ETH one alone is $620,000) probably knows something I don't. I put a few shorts up.
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One thing you learn trading is people love round numbers. The worst limit order you can set is $XX.99yeah, people love round numbers. its was clear people where cashing out at 1400.
Current runup, looks totally different though.
not only a much slower ramp up. we blasted through 1400 with no selloff. and 1500 also did not spark the same kind of sell of 1400 did repeatedly.
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Each of those peaks was exactly 1400.
maybe we'll see it at 1600, but I think its going to be even higher. 2k probably next checkpoint.
If you are afraid of going all in on Eth atm. Dollar cost average it.
I think a lot of you guys that want to trade in this space would greatly benefit from listening to this. You're gunna have a hard time beating a buy and hold strategy. This makes sense when you understand what you're buying
Doge is a joke. 100% do not buy doge unless you are only doing it for laughs, and understand you will lose everything you put into it.