If there’s one area I’ve been **keen to see a reaction on for ETH/BTC**, it’s this one.
The **monthly target has been hit**, with just **one bar left before expiration**.
Overall, I think the odds of a bounce are increasing—or at the very least, we get a breather in this region.
We’re still halfway through the month, and one key thing I’d love to see is a monthly close above February’s low while holding above the 0.023 zone—a historically pivotal area.
Bidding here carries a 20% drawdown risk, and with the downtrend still active, the chances of getting stopped out remain high. That’s why I’ll wait for the monthly close and alert everyone if bullish signs emerge on lower timeframes—this helps minimize stop-outs.
It’s looking more promising, but for now, I can only act on clear bullish triggers. This pair has been in a multi-year downtrend and is now at the tail end of its last monthly bearish phase. From here, two scenarios:
1. It **stabilizes**, forming a **larger consolidation** before continuing lower.
2. If there’s enough strength, we could see a **relief rally**.
Let's wait a bit more.
ETHEREUM ETH
The **monthly target has been hit**, with just **one bar left before expiration**.
Overall, I think the odds of a bounce are increasing—or at the very least, we get a breather in this region.
We’re still halfway through the month, and one key thing I’d love to see is a monthly close above February’s low while holding above the 0.023 zone—a historically pivotal area.
Bidding here carries a 20% drawdown risk, and with the downtrend still active, the chances of getting stopped out remain high. That’s why I’ll wait for the monthly close and alert everyone if bullish signs emerge on lower timeframes—this helps minimize stop-outs.
It’s looking more promising, but for now, I can only act on clear bullish triggers. This pair has been in a multi-year downtrend and is now at the tail end of its last monthly bearish phase. From here, two scenarios:
1. It **stabilizes**, forming a **larger consolidation** before continuing lower.
2. If there’s enough strength, we could see a **relief rally**.
Let's wait a bit more.
ETHEREUM ETH
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.