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
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