BTC Heading Towards 88K, Then Dropping to 72K-75K – ETH Outlook
📌 BTC Heading Towards 88K, Then Dropping to 72K-75K – ETH Outlook
📉 ETH Trend Analysis:
🔹 Weak momentum in the larger cycle
🔹 Recent price increase is likely a corrective move before another drop
📊 Key Levels for This Week:
🔼 Resistance: $2975
🔽 Support 1: $2400
🔽 Support 2: $2100
🚨 Trading Strategy (Next 1-2 Weeks):
✅ Sell priority – Align with the broader market downtrend
✅ BTC & total market cap declining – Expect gradual downside moves
⚠️ Buy only at key levels – Best for scalping trades
Trade smart! 🚀📉
📉 ETH Trend Analysis:
🔹 Weak momentum in the larger cycle
🔹 Recent price increase is likely a corrective move before another drop
📊 Key Levels for This Week:
🔼 Resistance: $2975
🔽 Support 1: $2400
🔽 Support 2: $2100
🚨 Trading Strategy (Next 1-2 Weeks):
✅ Sell priority – Align with the broader market downtrend
✅ BTC & total market cap declining – Expect gradual downside moves
⚠️ Buy only at key levels – Best for scalping trades
Trade smart! 🚀📉
The RainBow MG3 Indicator identifies trends, reference prices, wave start times, and trend endpoints while sending alerts to your personal Telegram. Join the RainBow MG3 community on Telegram: t.me/rainbowmg3
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.
The RainBow MG3 Indicator identifies trends, reference prices, wave start times, and trend endpoints while sending alerts to your personal Telegram. Join the RainBow MG3 community on Telegram: t.me/rainbowmg3
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.