Hello traders and Happy Saturday. Looking at the daily I have marked areas of interest. This Current Zone We Are At The Bottom Of WIll deetermine weather we continue down Or push up for the next week or so. A Break And Close Below $1685 / $1700 or a push down to leave a wick to be filled later would be juicy. We can easily stay in a zone between our current price $1770ish and $2100 / $2250 for a while. Patience is key. Ethereum can very well bottom out at $1740, form some support and slowly make it's way back up over the next year. But I am waiting to see how this week closes.. That will be a better indication of what trajectory Ethereum may follow. All thanks goes to Big G, my mentor... Very thankful. Always trade the trend and use price action. I will do a weekly update tomorrow after we see how it closes. Crucial area right now. Be well and thank you for checking out my daily chart.
Pip Whisperer
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Pip Whisperer
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.