Critical Ethereum Level NOW! (ETH)
We are very close towards the main level of downward resistance that ethereum is trapped under. Around 250s - 260s price area.
We also are aware of where bitcoin sits and how it has been rejected multiple times at its downward 10k resistance.
We can use this sentiment to tell us what happens next. It is CRITICAL that ethereum breaks out here, if it does then your next two horizontal resistance tops are drawn in red. Obviously a break above all 3 of these levels would represent serious bullish momentum.
If you're looking to wanting to get into ethereum now, then it is best to wait for this key level to break.
If we fail and get rejected here and also so does bitcoin, well you know what happens next.
Accumulation of altcoins I believe is a smarter move here vs these top 2 contenders. I think if they selloff they will only fuel more altcoin accumulation, I'm talking microcaps.
If we do reject here then we can look for a pullback to drop down in the downward channel drawn out.
Be patient and let it happen. I will know when to short if needed too based off of the Crossover strategy and the ema dots.
Stay on high alert! 🚨🚨🚨🚨
🥇MLT | PRO TRADERS
We also are aware of where bitcoin sits and how it has been rejected multiple times at its downward 10k resistance.
We can use this sentiment to tell us what happens next. It is CRITICAL that ethereum breaks out here, if it does then your next two horizontal resistance tops are drawn in red. Obviously a break above all 3 of these levels would represent serious bullish momentum.
If you're looking to wanting to get into ethereum now, then it is best to wait for this key level to break.
If we fail and get rejected here and also so does bitcoin, well you know what happens next.
Accumulation of altcoins I believe is a smarter move here vs these top 2 contenders. I think if they selloff they will only fuel more altcoin accumulation, I'm talking microcaps.
If we do reject here then we can look for a pullback to drop down in the downward channel drawn out.
Be patient and let it happen. I will know when to short if needed too based off of the Crossover strategy and the ema dots.
Stay on high alert! 🚨🚨🚨🚨
🥇MLT | PRO TRADERS
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.