#ETHUSDT | WEEKLY TIMEFRAME UPDATE
After the opening of the new weekly candle, the price of #ETH dropped sharply below the liquidity pool at $1,492, before bouncing back to the upside.
Based on both the monthly and weekly timeframes, the current price around $1,560 presents a good buying opportunity for midterm and long-term investors.
However, keep in mind that #Ethereum often takes time to gain momentum and show strength. Patience is key—but overall, the current price range is favorable for those looking to invest for the medium to long term.
After the opening of the new weekly candle, the price of #ETH dropped sharply below the liquidity pool at $1,492, before bouncing back to the upside.
Based on both the monthly and weekly timeframes, the current price around $1,560 presents a good buying opportunity for midterm and long-term investors.
However, keep in mind that #Ethereum often takes time to gain momentum and show strength. Patience is key—but overall, the current price range is favorable for those looking to invest for the medium to long term.
Trade active
#ETHUSDT | WEEKLY TIMEFRAME UPDATEIn just 4–5 weeks, #ETH pumped nearly 53% — and that’s without leverage! ⚡️
In my previous post, I clearly pointed out that Ethereum was undervalued and a solid buy for both midterm and long-term holding. ✅
Whenever I share a trade idea here or in my premium channel, know this: I’m in the trade too. I don’t just talk the talk — I walk it. I personally bought ETH at different price levels on spot, and also traded it on futures to fully capitalize on this move. 💸
Profit or loss, I’m the first one affected — and I share my plays with full transparency.
Disclaimer
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.
Disclaimer
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.