Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH/USDT update. ETH is not looking good in LTF.
ETH is breaking down from the rising wedge pattern which is a bearish pattern. Also, a retest is done. I'm expecting more dump in ETH and Alts.
ETH has two important support levels one is around $3000. If ETH does not hold $3k support then the next support is at $2800
So I'm buying ETH in two parts. Put your first order around $3000 and the second one is at $2800. In the long term, I'm bullish on ETH and expecting $5k in the next 1-2 months.
This dump gives you the best entries for long in many Alts. All we have to do is just wait for the right time.
Invalidation level:- If ETH breaks $3300 also there is 100ma then this pattern becomes invalid.
What do you think about this?
Do you think we get a bounce from here or do we have to see more dump?
Share your views in the comment section.
Thank You!
Welcome to this ETH/USDT update. ETH is not looking good in LTF.
ETH is breaking down from the rising wedge pattern which is a bearish pattern. Also, a retest is done. I'm expecting more dump in ETH and Alts.
ETH has two important support levels one is around $3000. If ETH does not hold $3k support then the next support is at $2800
So I'm buying ETH in two parts. Put your first order around $3000 and the second one is at $2800. In the long term, I'm bullish on ETH and expecting $5k in the next 1-2 months.
This dump gives you the best entries for long in many Alts. All we have to do is just wait for the right time.
Invalidation level:- If ETH breaks $3300 also there is 100ma then this pattern becomes invalid.
What do you think about this?
Do you think we get a bounce from here or do we have to see more dump?
Share your views in the comment section.
Thank You!
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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.