ChainKnights

Ethereum Reaches $2800: Brace for Correction with $2400 Target.

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ChainKnights Uppdaterad   
BYBIT:ETHUSDT   ETHUSDT SPOT
The target for Ethereum at around $2,800 has been reached. Now, I believe it's essential to be extremely cautious, as a significant correction could occur.

Target around $2,400.

ETH #ethereum #eth #ethusdt

Now let's look at how Litecoin has fallen on the daily chart and where it stands on the Liquidation Heatmap, and try to compare it with Bitcoin and Ethereum. I think a correction is more likely to occur because, for any altcoin you open, there are a lot of stop losses accumulated below.

Litecoin:

LTC Liquidation Heatmap:

ETH Liquidation Heatmap:

BTC Liquidation Heatmap:
Trade stängt manuellt:
Closed idea.

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