$ETH 's has been on an extremely strong rally. Just from the August 3rd lows alone, it's up over 40%.



This does show that these liquidity clusters do not always get taken out, especially when price is trending strongly. These levels are good for ranges.

But in case we do see some quick flush of leverage at some point, these levels can act as nice reversal area's for a quick liquidity grab and bounce back up.

Good to have a plan in check and coins you're willing to bid the moment we do eventually get that flush. Generally these are sharp and quick in strong bullish trend like these.

$ETH
{spot}(ETHUSDT)
$ETC
{spot}(ETCUSDT)
ETH1.53%
RLY6.06%
NOT-2.02%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)