EthereumLong
Has the dip ended on Ethereum?!
Good afternoon cryptomaniacs
From this TA, i firmly believe that the dip is now over and Ethereum has recovered.
Here are the following reasons why.
1. EMAs are still bullish and looking healthy
2. We have had 3 impulses down
3. Regular bullish divergence with a slight double bottom
Above are the reasons why I believe the dip has come to an end.
Another note we could have two options on how to trade this.
Which are
1. Enter a trade now
2. Wait for price to return to the yellow box
As always, keep the risk managed
From this TA, i firmly believe that the dip is now over and Ethereum has recovered.
Here are the following reasons why.
1. EMAs are still bullish and looking healthy
2. We have had 3 impulses down
3. Regular bullish divergence with a slight double bottom
Above are the reasons why I believe the dip has come to an end.
Another note we could have two options on how to trade this.
Which are
1. Enter a trade now
2. Wait for price to return to the yellow box
As always, keep the risk managed
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.
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.