ETHUSDT 4HR Breakdown
Reasons I am Optimistic About Breaking this Resistance:
- Low Volume
- October is Coming (Q4)
- Cryptocurrency Fear And Greed Index: 26 (We've Been Stuck at Fear for the past week)
- Bullish News Coming Lately, and Possibly more is Coming in the Upcoming Days/Week
- This Resistance and Trendline has been tested enough times to have a breakout
Wait For Confirmations!!!
Personally, I am looking for Pin-Bar Candles, and Momentum.
Also, having a reliable strategy such as DBD or UBD for Bearish and
UBU or DBU for Bullish is necessarry.
Not Financial Advice and Do Your Own Research!
Take Care, and Happy Trading!
- Low Volume
- October is Coming (Q4)
- Cryptocurrency Fear And Greed Index: 26 (We've Been Stuck at Fear for the past week)
- Bullish News Coming Lately, and Possibly more is Coming in the Upcoming Days/Week
- This Resistance and Trendline has been tested enough times to have a breakout
Wait For Confirmations!!!
Personally, I am looking for Pin-Bar Candles, and Momentum.
Also, having a reliable strategy such as DBD or UBD for Bearish and
UBU or DBU for Bullish is necessarry.
Not Financial Advice and Do Your Own Research!
Take Care, and Happy Trading!
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