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ETH is looking very bearish right now, and a good price entry would be 2800$. The market crashed yesterday and we can see that BTC and ETH have really bearish charts in the higher frames, so if you want to invest I would wait for now. ETH chart in the 4H chart shows that we might have a bearish retest to the 3500$ area but thats it. I still think that we can have a alt season but for now we just have to accept that the market will bleed in the next days. An altseason its still possible and volatility will be playing a huge factor to make in the market. When that happens I will be here to post bullish charts on altcoins, so trade with good risk management in next days, and comment what you think! Thanks!
ETH is looking very bearish right now, and a good price entry would be 2800$. The market crashed yesterday and we can see that BTC and ETH have really bearish charts in the higher frames, so if you want to invest I would wait for now. ETH chart in the 4H chart shows that we might have a bearish retest to the 3500$ area but thats it. I still think that we can have a alt season but for now we just have to accept that the market will bleed in the next days. An altseason its still possible and volatility will be playing a huge factor to make in the market. When that happens I will be here to post bullish charts on altcoins, so trade with good risk management in next days, and comment what you think! Thanks!
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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.