📅 What just happened on ETH?
Ethereum recently printed a local bottom just below 1400 – a level that felt unthinkable just a few months ago. But as it often happens in crypto, the unexpected became reality.
💡 What came next?
From that low, ETH bounced strongly, signaling the start of a natural correction. While I personally don’t believe this is the final bottom, I do see opportunity on the upside.
🧐 What the chart tells us:
Sharp reversal from under 1400
Quick drop but failed continuation lower
Current tight consolidation, which often leads to breakout setups
🧠 My view:
Right now, this looks like a temporary bottom, and until proven otherwise, I’m interested in buying the dip. As long as the structure holds, bulls might have the upper hand short-term.
🎯 My Trading Plan:
Looking to go long, with 1800 as my target.
Risk-Reward? I’m aiming for at least 1:2, so I’ll be waiting for the right entry signal before jumping in.
Ethereum recently printed a local bottom just below 1400 – a level that felt unthinkable just a few months ago. But as it often happens in crypto, the unexpected became reality.
💡 What came next?
From that low, ETH bounced strongly, signaling the start of a natural correction. While I personally don’t believe this is the final bottom, I do see opportunity on the upside.
🧐 What the chart tells us:
Sharp reversal from under 1400
Quick drop but failed continuation lower
Current tight consolidation, which often leads to breakout setups
🧠 My view:
Right now, this looks like a temporary bottom, and until proven otherwise, I’m interested in buying the dip. As long as the structure holds, bulls might have the upper hand short-term.
🎯 My Trading Plan:
Looking to go long, with 1800 as my target.
Risk-Reward? I’m aiming for at least 1:2, so I’ll be waiting for the right entry signal before jumping in.
Zlecenie aktywne
Eth will close the day with a strong bullish engulfingTransakcja zamknięta: osiągnięto wyznaczony cel
1800 target reached📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
