ETH
Appears to be bottoming at the 1:0.618 Golden Window.
Notice that there are no candle bodies below the 0.786 overshoot ratio on higher time frames such as the day chart here.
Similar to other coins we are buying, we have the bullish pattern with bullish RSI on the 4 hour chart.
ETH can be a great buy in this area because we still await phase 2 on the Path To Altseason where Bitcoin Dominance leads.
Also can be a great one to hold if there is another dump as it may have limited downside compared to other lower ranked
As I said, if there is another dump, ETH like many other coins will likely not go too much lower without a bounce.
In that bearish scenario it may drop below the low a little, but not too much.
But right here it looks good for a bounce and Bitcoin is also at a key Fibonacci band.
So this is very good risk / reward here.
Buy fear 👍.
Not advice
Appears to be bottoming at the 1:0.618 Golden Window.
Notice that there are no candle bodies below the 0.786 overshoot ratio on higher time frames such as the day chart here.
Similar to other coins we are buying, we have the bullish pattern with bullish RSI on the 4 hour chart.
ETH can be a great buy in this area because we still await phase 2 on the Path To Altseason where Bitcoin Dominance leads.
Also can be a great one to hold if there is another dump as it may have limited downside compared to other lower ranked
As I said, if there is another dump, ETH like many other coins will likely not go too much lower without a bounce.
In that bearish scenario it may drop below the low a little, but not too much.
But right here it looks good for a bounce and Bitcoin is also at a key Fibonacci band.
So this is very good risk / reward here.
Buy fear 👍.
Not advice
Note
"Where Ethereum Dominance leads"* (not Bitcoin)Note
If you like this contrarian dip buy idea, hit the "Boost" button and more traders will see it 👍.Note
Ethereum ETFs approved today and this contrarian trade is working very well. Meanwhile many Bitcoin miners look terrible.You have to be able to read a chart to see what the flavour is.
Note
Holding well. Can move on up.Note
1 hour crypto video: 
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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.