Ethereum (
ETHUSD) remains in a bullish market:
Click chart above to see the detailed analysis👆🏻
Over the past three days - since the beginning of February - Ethereum "crashed" about -20% and we saw a significant manipulation last night with Ethereum crashing -25% in a matter of minutes. Looking at the chart though, this price behaviour was not unexpected at all.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
ETHUSD) remains in a bullish market:Click chart above to see the detailed analysis👆🏻
Over the past three days - since the beginning of February - Ethereum "crashed" about -20% and we saw a significant manipulation last night with Ethereum crashing -25% in a matter of minutes. Looking at the chart though, this price behaviour was not unexpected at all.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Ethereum (ETHUSD):Click chart above to see the detailed analysis👆🏻
Ethereum is slowly starting to actually fill the massive wick which was created about a week ago. However we should not panic here because even if we see the wick getting filled, Ethereum is still holding the confluence of support, which eventually should push price much higher.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Ethereum (ETHUSD):Click chart above to see the detailed analysis👆🏻
A couple of weeks later, you can see that Ethereum has not moved anywhere and is still down about -20% in February. The narrative remains the same though: Even if we see the bearish wick getting filled, Ethereum is still trading above the key confluence of support.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
Keep your long term vision!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Keep your long term vision!
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.