Ethereum (
ETHUSD) is still super bullish:
Click chart above to see the detailed analysis👆🏻
Despite the correction of about -50% which we saw over the past couple of months on Ethereum, market structure and price action is still overall bullish. Ethereum is currently creating a bullish break and retest with a potential move of +60% towards the upside.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
ETHUSD) is still super bullish:Click chart above to see the detailed analysis👆🏻
Despite the correction of about -50% which we saw over the past couple of months on Ethereum, market structure and price action is still overall bullish. Ethereum is currently creating a bullish break and retest with a potential move of +60% towards the upside.
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👆🏻
After retesting the confluence of support for two months in a row, it seems like Ethereum is finally starting the bullish rejection. Ethereum could certainly catch up to Bitcoin and if the bullish crypto cycle continues, it might be a matter of weeks until we will see new highs.
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👆🏻
After pumping more than +10% today, it might be smart to close out first partials on Ethereum if you bought the confluence of support. However I still do expect a lot more bullish price action since the next resistance is at the previous all time high - so we can still see a move of +75% from the current levels.
Levels to watch: $2.000, $4.000
Keep your long term vision,
Philip (BasicTrading)
Philip - Swing Trader
Free: "Elite Trading" Community👇🏻
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#LONGTERMVISION
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
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.
Philip - Swing Trader
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" Community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
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.