I know you see numerous bearish analyses and signals but in the weekly time frame, BTCUSD bitcoin and Ethereum are still bullish!
it is my long-term perspective (4 years) for Ethereum:
let's back to BTCUSDT this coin after running so sharp made a knife-up pattern or a strong rally move and after that correct 33% of the last movement (the first sign of a bullish trend)
on the other hand, the RSI indicator shows a divergence (the second sign)!
now the price is on the top of an ascending channel and I believe it is gathering power and money for breaking up!
⭐︎⭐︎⭐︎ target1: 57500 ⭐︎⭐︎⭐︎ target1: 72000
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.