The aftermath from FTX collapse fiasco causing panic selling and FUDs on DAX, investors are cautious of their crypto and even transferring out to cold wallets. However, ETH as well BTC is holding strong on chart pattern support and based on chart trends and technical analysis ETH has found bottom and will be seen consolidating sideways in the 1200-1500 region. I anticipate a rally in coming months if it able to hold on this region, the 1st target resistance is at 1800-2000 and following 2400-2600. If the pattern follows, we could anticipate a long bull run to 7000 region.
As Warren Buffett put it: “The stock market is a device which transfers money from the impatient to the patient.”
Disclaimer:
Non-financial advice, only for educational purposes.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
As Warren Buffett put it: “The stock market is a device which transfers money from the impatient to the patient.”
Disclaimer:
Non-financial advice, only for educational purposes.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Pinescript Coder
