Ethereum - This Is The Last Buying Opportunity!
Updated
Ethereum (
ETHUSD) is still super bullish:
Click chart above to see the detailed analysis👆🏻
Despite the correction of about -50% which we saw over the past couple of months on Ethereum, market structure and price action is still overall bullish. Ethereum is currently creating a bullish break and retest with a potential move of +60% towards the upside.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
ETHUSD) is still super bullish:Click chart above to see the detailed analysis👆🏻
Despite the correction of about -50% which we saw over the past couple of months on Ethereum, market structure and price action is still overall bullish. Ethereum is currently creating a bullish break and retest with a potential move of +60% towards the upside.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Ethereum (ETHUSD):
Click chart above to see the detailed analysis👆🏻
After retesting the confluence of support for two months in a row, it seems like Ethereum is finally starting the bullish rejection. Ethereum could certainly catch up to Bitcoin and if the bullish crypto cycle continues, it might be a matter of weeks until we will see new highs.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Ethereum (ETHUSD):
Click chart above to see the detailed analysis👆🏻
After pumping more than +10% today, it might be smart to close out first partials on Ethereum if you bought the confluence of support. However I still do expect a lot more bullish price action since the next resistance is at the previous all time high - so we can still see a move of +75% from the current levels.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
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💰|Stocks, Cryptos, Indices, Metals
💶|Keep your long term vision
👇🏻|Free "Trading Newsletter"
basictrading.net
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