WHEN YOU ARE CONFUSED, LOOK AT THE BIGGER PICTURE...
Most investors after seeing and witnessing the price of Cryptocurrency market starts crashing by meagre percentages, they start to get hasty and start to sell at the lows, which is a terrible investing mistake. Always Buy low and sell high and never the vice-versa
Also, most investors are on the lower timeframe looking for support and resistance, you need to look at price on the Higher Timeframe because this is where most of the huge trading occurs.
Technically and making analysis through the lens of Price action,
ETHUSD is looking bullish
Reasons are listed below
Also, most investors are on the lower timeframe looking for support and resistance, you need to look at price on the Higher Timeframe because this is where most of the huge trading occurs.
Technically and making analysis through the lens of Price action,
ETHUSD is looking bullishReasons are listed below
The quarterly shift of the market, we are in a manipulation phase of the market and therefore, market still have more upside targets to reach into
- The SMT formation between the 2 largest coins in the cryptocurrency markets, ETHUSD and BINANCE:BTCUSDT. The price of Bitcoin makes a lower low while Ethereum made a Higher Low. Therefore I expect a rally from this point towards the FVG above current Market Price.
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