It is just a just a guess, but Ethereum is about to perform a higher low compared to the end of the C wave. This means that a bullish wave comes next. This is a classic higher low. Let me explain.
The 6-February daily candle produced a total of +31% from bottom to top. This is already an extreme, highly volatile move.
As the action hovered around resistance, many people would go long knowing that higher prices are coming up next.
So a retrace is not uncommon, strange nor unexpected. It is meant to remove over leveraged longs before a rise in prices show up. We buy when prices are low.
Since we infer a bullish bias on this chart, a retrace becomes a buy opportunity.
Full trade-numbers below:
(Remember, leveraged trading is high risk and intended for experienced traders only —trade at your own risk, at the risk of losing everything!)
___
LONG ETHUSDT
Leverage: 5X
Potential: 605%
Allocation: 5%
Entry zone: $1725 - $2000
Targets:
1) $2222
2) $2505
3) $2974
4) $3352
5) $3731
6) $4270
Stop: Close weekly below $1600
_____
Thank you for reading. Your continued support is highly appreciated.
This is a very strong chart setup. Low risk, vs a high potential for reward.
(The market always offers a second chance!)
Namaste.
The 6-February daily candle produced a total of +31% from bottom to top. This is already an extreme, highly volatile move.
As the action hovered around resistance, many people would go long knowing that higher prices are coming up next.
So a retrace is not uncommon, strange nor unexpected. It is meant to remove over leveraged longs before a rise in prices show up. We buy when prices are low.
Since we infer a bullish bias on this chart, a retrace becomes a buy opportunity.
Full trade-numbers below:
(Remember, leveraged trading is high risk and intended for experienced traders only —trade at your own risk, at the risk of losing everything!)
___
LONG ETHUSDT
Leverage: 5X
Potential: 605%
Allocation: 5%
Entry zone: $1725 - $2000
Targets:
1) $2222
2) $2505
3) $2974
4) $3352
5) $3731
6) $4270
Stop: Close weekly below $1600
_____
Thank you for reading. Your continued support is highly appreciated.
This is a very strong chart setup. Low risk, vs a high potential for reward.
(The market always offers a second chance!)
Namaste.
Nota
Targets:1) $2222 Hit (+72%)
*) $2465 Hit (+135%)
2) $2505 —Next target (+145%)
3) $2974 —Next target (+265%)
4) $3352
5) $3731
6) $4270
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.