Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 Since breaking below its last major low in December 2024, Ethereum (ETH) has been stuck in a bearish trend.
But don’t lose hope, bulls! 🐂
⚠️It’s evident from the last correction phase, marked in blue, that it's larger than the previous ones — a clear sign that the bulls are stronger than ever.
A growing correction phase is often the first signal of an upcoming momentum shift.
This shift will be confirmed once ETH breaks above the last major high marked in red at $2,100.
📈A break above $2,100 would flip ETH’s trend from bearish to bullish, signaling the potential start of the Altcoin season!
Until then, patience is key. 🧘♂️
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📉 Since breaking below its last major low in December 2024, Ethereum (ETH) has been stuck in a bearish trend.
But don’t lose hope, bulls! 🐂
⚠️It’s evident from the last correction phase, marked in blue, that it's larger than the previous ones — a clear sign that the bulls are stronger than ever.
A growing correction phase is often the first signal of an upcoming momentum shift.
This shift will be confirmed once ETH breaks above the last major high marked in red at $2,100.
📈A break above $2,100 would flip ETH’s trend from bearish to bullish, signaling the potential start of the Altcoin season!
Until then, patience is key. 🧘♂️
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Trade active
Trade closed: target reached
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
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.
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
RichTL.com
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
Crypto.com Exchange
crypto.com/exch/theSignalyst
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.