Looking at the ETH charts today .. looks like its a brilliant textbook pump. Just breaking off the support line it seems to be heading towards the resistance and we may see ETH going back to its 3.1k range.
We can see charts like DYDX and UNI pumping up nicely as China states another ban on Crypto in CHINA and exchanges not accepting new customers from mainland china.
My guess is that a lot of users are moving towards a more decentralized exchange where you don't really need any sort of KYC and can run your trades anonymously.
Hopefully this pump will continue and it would be great to see cryptos hitting the new all time high once more.
Cheers all .. and these are just my opinions and not any financial advise.
Posted Using LeoFinance Beta
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