ETHUSD is struggling to break above the previous all time high and might correct soon.Please don't look at headlines and news regarding cryptocurrencies. Overall these messages are just preventing you from objectively looking at the chart. Ethereum is creating higher highs and higher lows, meaning that Ethereum is trading in an uptrend. Even if Ethereum is not able to break above the previous all time high, market structure still remains decently bullish.
Levels to watch: $4.000, $2.200
Keep your long term vision,
Philip - BasicTrading
Note
Quick update on Ethereum:Please do me and yourself a favor and don't get caught up in the short term moves. Especially on Ethereum it is quite crucial that you zoom out and look at the higher timeframes. Even if Ethereum drops -30%, market structure is bullish!
Levels to watch: $2.200
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Free: SwingTrading-Academy👇
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SwingTrading.Simplified.
Investing.Simplified.
#LONGTERMVISION
discord.gg/jgdrYXwqyD
SwingTrading.Simplified.
Investing.Simplified.
#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.