Buy the Dip ? #CryptoCrash?

Terrance Veigas
2 min readMay 11, 2022

Well, Finally the much awaited correction has taken place in the #Cyptocurrency world. What to do now? Should we buy the dip?

Let’s get some answers via Charts. Let’s take #Bitcoin first.

#Bitcoin

Support Zone | 31133 to 28326

Chart | https://www.tradingview.com/x/rZVGsusB/

#Bitcoin becomes a good buy at these levels for targets of 44,000 if 28326 is respected.

#Ethereum

Support Zone | 2180 to 1687

Chart | https://www.tradingview.com/x/EMFMYP68/

#Ethereum becomes a good buy between 2180 to 1687 levels for a target of 3185 to 3300!

We are trading near very Important support zones your SLs (Stop Loss) also will be these levels if we get a Weekly Candle closing below the mentioned Stop Loss levels kindly exit.

Price doesn’t move in a Straight-Line, *Unless you are talking about #shitcoins or #memecoins* hahahaha. Other than these price will show a retracement before moving further down.

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Terrance Veigas

Just an average guy good with numbers on a journey to achieve Financial Independence. Trader, Perpetual Learner Of Stock Markets And A Technological Hedonist.