ETH new ATH and now ?
ETH as officially recorded a new ATH, such as BTC a couple of weeks ago.
However, i would see this move as a trap to gather panic buyers which will then panic sell if ETH drop 5%.
In my opinion the MACD need to cool off before the real move can happen and i wouldn't enter a long at this price. We could see some kind of a flag forming and boring prices actions for the next weeks.
Of course, this is crypto and prices can always pop strongly but in my eyes it would be a gamble and i don't see it happening right now.
Stay cautious there and look around on another markets with better setup if you want to buy.
However, i would see this move as a trap to gather panic buyers which will then panic sell if ETH drop 5%.
In my opinion the MACD need to cool off before the real move can happen and i wouldn't enter a long at this price. We could see some kind of a flag forming and boring prices actions for the next weeks.
Of course, this is crypto and prices can always pop strongly but in my eyes it would be a gamble and i don't see it happening right now.
Stay cautious there and look around on another markets with better setup if you want to buy.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.