Etherium is following a sideway support line since June on the daily chart, I am personally opening long positions here, reasons for taking this trade:
1- Important Fib level acting as support (0.75 Fib on the daily)
2- Strong sideways support from on the daily chart from January
3- Crucial support from 50EMA on the daily, the daily 50 EMA has been acting as support for this uptrend ever since November.
5- Huge upside potential, ETH can go back to its all time high (around 2040), which gives this trade around 19% upside.
6- ETH/BTC looks ready for a breakout, it is currently sitting at a strong support level
Good Luck, and trade responsibly
1- Important Fib level acting as support (0.75 Fib on the daily)
2- Strong sideways support from on the daily chart from January
3- Crucial support from 50EMA on the daily, the daily 50 EMA has been acting as support for this uptrend ever since November.
5- Huge upside potential, ETH can go back to its all time high (around 2040), which gives this trade around 19% upside.
6- ETH/BTC looks ready for a breakout, it is currently sitting at a strong support level
Good Luck, and trade responsibly
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.