#ETHUSDT | DAILY TIMEFRAME UPDATE
In my last analysis for #ETH, I mentioned that after the consolidation phase, we’d likely see an expansion phase. True to form, #Ethereum surged over 34% to the upside—without any leverage!
What’s next for #ETH? 🤔
On the higher time frame, the trend remains bullish. If we see a retracement or pullback to the $2,886.47 - $2,722 zone, this could be a good opportunity to consider a BUY position.
Note: I know some of you are thinking about shorting #ETH down to this zone. No! Do not short it! Instead, patiently wait for the price to approach this area.
Once the price enters the grey area and provides confirmation, I'll share the targets. ✅
If the price drops below $2,342, the setup will be invalidated. ❌
In my last analysis for #ETH, I mentioned that after the consolidation phase, we’d likely see an expansion phase. True to form, #Ethereum surged over 34% to the upside—without any leverage!
What’s next for #ETH? 🤔
On the higher time frame, the trend remains bullish. If we see a retracement or pullback to the $2,886.47 - $2,722 zone, this could be a good opportunity to consider a BUY position.
Note: I know some of you are thinking about shorting #ETH down to this zone. No! Do not short it! Instead, patiently wait for the price to approach this area.
Once the price enters the grey area and provides confirmation, I'll share the targets. ✅
If the price drops below $2,342, the setup will be invalidated. ❌
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.