ETHFI price clearly repeats the movement of BTC from rprevious
Updated
During the 2nd half of April, EETHFI buyers or its MMs tried to keep the price above $3.20 - not allowing it to update the lows.
↪️ On the one hand, it looks like a sign of "strength"
↩️ On the other hand, don't be too surprised if the price of ETH.FI drops sharply to $3.11 or even $2.88 (too many "tasty stops" are hidden below $3.20 and can be hunted).
You can even place pending limit orders to buy here and feel a little bit like MM :)
In general, the #ETHFIUSDT chart is very similar to the #BTCUSDT price movement during 2021, and we copied the blue fractal from this period for clarity.
That is, the bottom is somewhere close and there should be good growth ahead.
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↪️ On the one hand, it looks like a sign of "strength"
↩️ On the other hand, don't be too surprised if the price of ETH.FI drops sharply to $3.11 or even $2.88 (too many "tasty stops" are hidden below $3.20 and can be hunted).
You can even place pending limit orders to buy here and feel a little bit like MM :)
In general, the #ETHFIUSDT chart is very similar to the #BTCUSDT price movement during 2021, and we copied the blue fractal from this period for clarity.
That is, the bottom is somewhere close and there should be good growth ahead.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Trade active
So far, the ETHFI price has been moving clearly along the fractalNote
What do you think about this #ethfiusdt fractal working out?)Its time to buy EETHFI ?
Note
Is the EETHFI price moving steadily towards the target or not?)
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