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WHY FOLLOW?
• 4 Years of experience
• Daily trades
• Daily updates
• Best Entry Points
• Important Zones
• TP/SL
...................................................................................................................................................................................
ETH has been rallying up since October 2020. 7 Green Monthly Candles in a row! It is only natural to see a big red candle after all this upward movement. The market won't only give but it will take from time to time. We know and told you that this cycle is really playing out quickly and that is why this drop is only natural.
We can also see that we have tested the golden ratio (61.8%) of the Fibonacci retracement taken from the lows. It is a good and healthy sign. From here, if the BTC bullish scenario plays out (we sent it before), we could see a movement to the upside.
Keep in mind this is a Monthly Time Frame chart, so don't rush into buying short term yet.
Support: Golden ratio
Resistance: 3k
..................................................................................................................................................................................
What do you think?
Good luck traders,
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
WHY FOLLOW?
• 4 Years of experience
• Daily trades
• Daily updates
• Best Entry Points
• Important Zones
• TP/SL
...................................................................................................................................................................................
ETH has been rallying up since October 2020. 7 Green Monthly Candles in a row! It is only natural to see a big red candle after all this upward movement. The market won't only give but it will take from time to time. We know and told you that this cycle is really playing out quickly and that is why this drop is only natural.
We can also see that we have tested the golden ratio (61.8%) of the Fibonacci retracement taken from the lows. It is a good and healthy sign. From here, if the BTC bullish scenario plays out (we sent it before), we could see a movement to the upside.
Keep in mind this is a Monthly Time Frame chart, so don't rush into buying short term yet.
Support: Golden ratio
Resistance: 3k
..................................................................................................................................................................................
What do you think?
Good luck traders,
Not financial advice
Manage risk and leverage
DYOR
NajjarTrading
