As up to 1550 still bullish and still strong 30-4H chart confirmation breakout but will be shortage of a retrace.
Buy now at 1550 area and let it skyrocket up;
Ethereum still retracing and no 880 area is not the bottom for Ethereum; bear market isn’t over. Take profit 2000 to be safe away from the sell off; if reversal still in control then onto 2500 or somewhere between.
Bottom target is about 600-550 area could happen to go even lower.
**UPDATE FOR BITCOIN**
- same thing 30-4HR chart confirmation breakout will be shortage and now extended more retrace
- still above 20K almost to 21K.. still bullish reversals
- buy 20K take profit about 23-25K big bearish reversal could happen in those zones or between.. if higher like 28K idk we will see how high the retrace needs.
Trade safe y’all.
FYI - Stop saying bitcoin is bottom even Ethereum is bottomed.. the bear market isn’t over because of Fundamental Recession is coming this year as Feds still increasing rates and terminal rate.. might wait until Feds cuts rate , Rate Pause, qualitative easing and qualitative tightening to happen in order get to The bottom.
Buy now at 1550 area and let it skyrocket up;
Ethereum still retracing and no 880 area is not the bottom for Ethereum; bear market isn’t over. Take profit 2000 to be safe away from the sell off; if reversal still in control then onto 2500 or somewhere between.
Bottom target is about 600-550 area could happen to go even lower.
**UPDATE FOR BITCOIN**
- same thing 30-4HR chart confirmation breakout will be shortage and now extended more retrace
- still above 20K almost to 21K.. still bullish reversals
- buy 20K take profit about 23-25K big bearish reversal could happen in those zones or between.. if higher like 28K idk we will see how high the retrace needs.
Trade safe y’all.
FYI - Stop saying bitcoin is bottom even Ethereum is bottomed.. the bear market isn’t over because of Fundamental Recession is coming this year as Feds still increasing rates and terminal rate.. might wait until Feds cuts rate , Rate Pause, qualitative easing and qualitative tightening to happen in order get to The bottom.
