Ethereum
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ETHEREUM- Be diligent, stay logical, don't get dumped on.

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Not much to write here apart from enjoy the chart and I hope you guys like it, we always have to be realistic and never get caught in euphoria.

If you like this, follow our page for more posts and you are welcome to share yours and give your opinion below :).

-Megalodon (Rahim)



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Nota
SHORT TERM: Target reached on the lower time frames, however, let us see how this develops on the weekly chart and what that will mean for the closing candle.
Nota
We are approaching the resistance at 460, this will either be a strong resistance or not; if we breakthrough there- moon is the target.
Nota
Update #3:

You have to be very diligent in a bull market, no matter what euphoric high comes around; remember the technicals will always show you that there is a bearish divergence somewhere; therefore to protect your capital; always avoid FOMO/Emotional entries. Especially in a manipulated market like crypto.

As we saw yesterday, we failed to break the 0.5 Fibonacci resistance and took a hard slam downwards. High Time Frame will always show you the bigger picture.

Penafian

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