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ETH-D

Ethereum does not appear to intend to correctThis analysis is an update of the analysis you see in the "Related publications" section It seems Ethereum aims to reach the $5000-$5300 range without any significant correction. Momentum-driven large green candles, higher lows, and the absence of a drop after sweeping liquidity pools above the chart indicate that Ethereum is bullish. If it retraces to the green zone, we will consider buying. Closing a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
Long
by behdark
Goatseus Maximus on Ethereum ($GOAT): Breakout- Up 25%The cryptocurrency market is buzzing with the rise of Goatseus Maximus ( MIL:GOAT ), a token on the Ethereum blockchain that has caught the attention of traders with its recent price action and unique narrative. With a technical breakout underway and a growing ecosystem, MIL:GOAT is cementing its place as a token to watch in the crypto space. Technical Analysis MIL:GOAT recently broke above the ceiling of a falling trend channel, signaling a shift from bearish consolidation to a bullish trajectory. The breakout is accompanied by a three white crows pattern—a reliable indicator of bullish continuation that often signifies sustained upward momentum. The RSI currently sits at 58, a level that suggests room for further growth without entering overbought territory. This balanced positioning makes MIL:GOAT a compelling entry point for investors looking to capitalize on its momentum. At the time of writing, MIL:GOAT has surged by 23%, reflecting heightened market activity. Despite being unlisted on major centralized exchanges (CEXs), the token's trading volume on decentralized exchanges like Uniswap V2 has reached $114,611, up 14.5% in the past 24 hours, indicating increasing investor interest. With a modest market cap of just $2 million, MIL:GOAT presents significant growth potential, particularly if it secures listings on larger exchanges or attracts institutional attention. A Unique Project with Community Appeal Goatseus Maximus leverages its playful yet mythical branding, positioning itself as "the most powerful fertility god of all time." While whimsical, this narrative drives community engagement and fuels the token’s cult-like following, an essential factor in meme-token success. The token is primarily traded on Uniswap V2 and V3, with its most active trading pair being GOAT/WETH. Despite its absence from major CEXs, the token’s steady volume growth highlights its grassroots support and organic adoption. Over the past week, MIL:GOAT has outperformed both the global cryptocurrency market (-1.7%) and its Ethereum ecosystem peers (+12.7%), with a 64.5% gain. This relative strength underscores its ability to defy broader market trends. With a max supply of 100 billion tokens and a fully diluted valuation (FDV) of $1.12 million, MIL:GOAT ’s tokenomics are structured to balance scarcity with accessibility. The token's low circulating supply further fuels its speculative potential. 5. Historical Price Movements: - All-Time High (ATH): $0.0001493 (Oct. 24, 2024), currently 92.41% below ATH. - All-Time Low (ATL): $0.000052983 (Oct. 22, 2024), up 279.74% from ATL. This recovery from ATL and proximity to key resistance levels suggest significant upside potential as it gains traction. Opportunities and Risks Opportunities: - Unrealized CEX Listings: The absence of CEX listings makes MIL:GOAT a high-reward opportunity if such partnerships materialize. - Growing Adoption: Rising trading volumes and community engagement indicate increasing adoption and support. Risks: - Volatility: Like most meme tokens, MIL:GOAT is subject to significant price fluctuations. - Speculative Nature: Its success hinges on community sentiment and market dynamics rather than intrinsic utility. Conclusion Goatseus Maximus ( MIL:GOAT ) is in the midst of a bullish breakout that showcases both technical strength and growing market interest. With its low market cap, breakout momentum, and unique branding, MIL:GOAT offers significant upside potential for risk-tolerant investors. As always, prospective buyers should conduct thorough research and remain mindful of crypto market volatility. The next steps for MIL:GOAT —potential CEX listings, continued community growth, and broader adoption—will determine its trajectory. Until then, this fertility god-inspired token continues to captivate the Ethereum ecosystem with its quirky charm and bullish signals.
UNISWAP:GOATWETH_1084A9.USDLong
by DEXWireNews
The $EBULL Community Takeover: A New Dawn for $EBULL holdersIntroduction In a remarkable turn of events, $EBULL (Ethereum is Good), a memecoin that celebrates the ethos of Ethereum, underwent a community takeover (CTO) in early December. This move has positioned $EBULL as a fascinating case study in community governance within the cryptocurrency space. Here's an in-depth look at what this CTO means for $EBULL, its community, and the broader memecoin ecosystem. What is a Community Takeover? A Community Takeover (CTO) occurs when the original developers or creators of a project step back, and the community assumes control. This can happen due to various reasons, including developers losing interest, internal conflicts, or even suspicions of fraudulent activities like rug pulls. In the case of $EBULL, the community's decision to take over signifies a commitment to the project's original vision—celebrating Ethereum's resilience and legacy in the blockchain world. The $EBULL CTO: A Closer Look Community Empowerment: The $EBULL community decided to steer the project's future, focusing on revitalizing the spirit of Ethereum through a memecoin. This move was not just about control but about ensuring the project aligns with community values and long-term goals. Cryptic Signals from Poloniex: After the takeover, cryptic posts from Poloniex regarding $EBULL have stirred speculation. While these posts have not directly influenced price action, they suggest potential developments or partnerships that could impact $EBULL's future. Support from High-Profile Figures: With endorsements from Vitalik Buterin and involvement from Justin Sun's Poloniex, $EBULL has garnered attention. These endorsements are crucial in a space where credibility can significantly affect a project's trajectory. Impact of the CTO Hardcapped Supply: $EBULL's unique feature of having a fixed supply of 10 billion tokens adds a layer of scarcity that could eventually drive value if demand increases, a fundamental market principle. Ethereum-centric Focus: By emphasizing Ethereum's legacy, $EBULL taps into a narrative of loyalty and community around one of the oldest and most respected blockchains in crypto. This could attract a niche but passionate investor base. Community Governance: The CTO has transitioned $EBULL into a community-driven project, which can lead to more transparent and democratic decision-making processes. However, this also means the project's success now hinges on collective action and community engagement. Market Reaction and Technical Insights Price Stability Post-CTO: Despite the community takeover, $EBULL has not seen an immediate price surge. Currently trading at $0.000714, with a slight uptick of 2.35% in the last 24 hours, the token's market cap is relatively modest at $7,144,112. This suggests that while the community has taken control, market confidence might still be building. Technical Challenges: Trading within a bearish trend, $EBULL faces potential downward pressure if selling continues. However, with an RSI of 41, there's room for a recovery if the community can rally support or if broader market sentiment towards Ethereum improves. Looking Forward The $EBULL CTO presents both opportunities and challenges. On one hand, it's a testament to the power of community in the crypto space, potentially setting a precedent for how projects can evolve beyond their initial creators. On the other, the immediate lack of price movement post-takeover indicates that market acceptance and growth might require time, strategic initiatives, or a shift in broader market dynamics favoring Ethereum-themed assets. Conclusion The $EBULL community takeover is more than a governance shift; it's a bold statement about the potential of community-led projects in the cryptocurrency domain. While the immediate market response has been tepid, the long-term implications could be profound, especially if the community can leverage its newfound control to foster growth, engagement, and possibly, innovation in how memecoins operate and are perceived in the market.
ELong
by DEXWireNews
TOTAL3 ChartHey, Normally I don't share lower-timeframe crypto charts, cuz I find that irrelevant. However, due to the massive amounts of greed and fear in the markets... It might be nice to get my view on things. The market is sitting in the last push (which can be the largest) But this type of price-action and volatility goes both ways. A chart never just moves up without printing hh's and hl's. A chart has structure, and makes sense. Total3 tapped below the 1trillion.. after spiking to new ATHs. I see it go higher from this clean demand area later this week. Kind regards, Max Nieveld
CRYPTOCAP:TOTAL3
by newcapitalfx
The key is whether it can be supported around 3438.16-3644.71 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) If you look at BTC Idea, I think you can understand the current movement. - The important support and resistance range for ETH is 3265.0-3321.30. If the price maintains above this range, ETH is expected to continue its upward trend. To do that, we first need to check whether it is supported around the 3438.16-3644.71 range. The reason is that if it is supported and rises near this section, it is highly likely to lead to an increase to renew the ATH. - Similar to the movement of BTC, the high section is showing an upward trend. Accordingly, if the HA-High indicator is created at the 3831.12 point, the key is whether it can maintain the price by rising above that area. If it fails to rise, it is likely to meet the M-Signal indicator on the 1W chart near the important support and resistance area. At this time, if the HA-Low indicator is created, I think it will reset the uptrend so far and determine the trend again. - The creation of the HA-Low indicator means that the low section has been formed. Therefore, if the HA-Low indicator is created and shows support near that area, I think it is highly likely that a new upward wave will be created. However, if it falls below the HA-Low indicator and shows resistance, it is likely to show a step-down trend because it is falling below the low point, so you should think about a countermeasure for this. - For now, you should check whether the price can be maintained and rise near the M-Signal and MS-Signal indicators on the 1D chart. The next volatility period for ETH is around December 16, so the point of observation is what kind of movement it shows at that time. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire BTC section. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the upward trend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the upward wave. The Fibonacci ratio on the right is the Fibonacci ratio of the upward trend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you to decide how to view and respond to this. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
ETH $3500 or moon soon?Well she tried to break out yesterday but was rejected, and ultimately pulled back to support. that support is short-medium length running, as it has provided support here 4 times in the past month and now we are hoping for a 5th time. But even if it breaks down here, we would be likely to see it go back down to the bottom of this ascending channel, at around $3500 depending on when we arrive there, its also the 200 (4hr candle) moving average. There is a strong likelihood that if we test this area we will hold support with double support, however in the unlikely event that support also broke down, we could be looking at heading back down to red line, which also is not unhealthy, when an asset breaks out, to come back and test its prior resistance as support, ETH never did do that. Here is the 1 day candle charts, just to show ETH was in a year decline when it broke out into this structure we are examining closer in this write up. Notice in the chart in this write up, the red line at the bottom, it is the dominate descending red line in that one day candle chart above. ------------------------ Something else though both ETH and BTC their order books sentiment is not so strong right now. I use CMF and i like to look at orderbooks from 10% depth of market to 100% depth of market and I watch the trendline of the asks, because, the more asks at 10-100% depth of market, thats positive sentiment, thats a lot of traders that have set limit orders expecting the price to go up. Where as when we see a rise in bids in the 10%-100% depth of market range, it means more traders are setting up to buy an anticipated coming dip, so they expect the price to drop. For ETH over the last month as the price has jumped, the asks above 10% have continued to decline and now recently the bids above 10% have started to run up. But also everything goes in waves, it would make sense that soon we could start another wave up and then its just a question of if it will be a bigger or smaller wave, indicating a growing or shrinking overarching "Greed". ------------------------ So the alternative to it breaking down here, which the recent market makes it seem more likely, is that we go back and try to break that resistance again and this time, succeed and make a nice strong run on ETH, but we have to be prepared for either. My gut says based on the recent strength of the market, we will start to see order books push a new cycle of increased trader confidence and see a break out here instead of a break down but the data above suggests a very real potential for a a pullback here. Overall, this still appears really early in ETH's break out from its year decline, I think we can expect much higher highs in the future with the only question being, how far in the future. As always be vigilant and adaptive, and DYOR!
COINBASE:ETHUSD
by EncryptShawn
ETH All Time High is NOT YET IN A fractal, a Fibonacci pattern, and Crypto logic tells me that the Ethereum all time high is still coming. This could take some time - but the month of December seems likely as this is a period of euphoria around the world, and BTC is notoriously bullish over Decembers. Ultimately, it all depend son how long BTC can hold and trade range - This is when altcoins continue to rally. What we need to monitor closely now, is the BTC market cap (to watch the liquidity) and the Bitcoin Dominance Chart. A hard drop in BTC.D signifies the "beginning of the end" for the BTC bull cycle, but also the last impulse of Altseason. More on that HERE: ________________________ BINANCE:BTCUSDT BINANCE:ETHUSDT
Long
by CryptoCheck-
Ethereum Weekly Chart Analysis: Bullish Continuation Pattern. Ethereum (ETH) is showcasing a strong bullish continuation pattern on the weekly chart, marked by a breakout from a multi-year symmetrical triangle. This pattern typically indicates the onset of a robust upward trend, supported by critical technical levels. 1.⁠ ⁠Symmetrical Triangle Breakout: ETH has decisively broken out of a multi-year symmetrical triangle, signaling the potential for a strong upward movement. 2.⁠ ⁠Price Consolidation Above Breakout Level: The current price action consolidates above the breakout level, setting the stage for the next leg higher. 3.⁠ ⁠Strong Support Levels: Immediate Support: $3,400–$3,800 (breakout zone). Critical Support: $2,700–$2,900, coinciding with the 200-week moving average (MA), a reliable long-term base. 4.⁠ ⁠Volume Confirmation: Sustained volume during the breakout phase will be crucial to validate the continuation of this bullish trend. Bullish Targets: First Target: $5,150–$6,400 (medium-term). Long-term Target: $10,000. A rally above $4,000 would likely accelerate momentum toward the $6,400 level in the medium term, while $10,000 remains a realistic long-term goal if macro conditions align. Failing to hold the $3,400 support level could lead to a pullback, with price retesting the $2,700–$2,900 support range. Conclusion: ETH’s breakout from the multi-year triangle pattern, with strong support from the 200-week MA and consolidating price action, points to significant upside potential. Traders should monitor volume closely and adjust strategies accordingly. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please conduct your research and consult with a financial advisor when necessary. For insights on other coins, feel free to DM us. @Peter_CSAdmin
by CryptoSanders9563
Ethereum Price Near Breakout: What's next?Hello traders, Exciting news for Ethereum enthusiasts! ETH price has surged to its highest point since March and approaching a crucial resistance level of $4,080. Breaking this resistance could pave the way for Ethereum to retest its ATH. A breakout above $4,080 could signal a strong bullish trend, potentially opening the road to $4,800. This isn't just great news for Ethereum - it could also spark momentum for other altcoins, creating more trading opportunities across the market. After touching resistance level at 4080, ETH price started to correct a little bit and can drop up to 3740 support level, from where it can resume its uptrend. Feel free to share your thoughts in the comments below and don’t forget to boost this idea. Happy trading!
by Real_CryptoRoy
ETH - Doing it AGAIN...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈ETH has been bullish trading within the rising channel in red. Currently, ETH is rejecting the upper bound of the channel, so a bearish correction is expected. Moreover, the green zone is a strong structure. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green structure and lower trendline acting as non-horizontal support. 📚 As per my trading style: As #ETH approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
24
$BOBO Surges 75% in Just 5 Days, Poised for More GainsIn the dynamic world of cryptocurrency, where meme coins can rocket to fame with viral speed, $BOBO has captured the spotlight with a staggering 75% surge in just five days. This Ethereum-based memecoin, known for its bearish mascot Bobo the Bear, is now making bullish strides, reflecting both its cultural resonance and market potential. Origins and Community Bobo the Bear, a creation from the internet's meme culture, particularly from 4chan's /biz board, stands as a satirical emblem of bearish markets. With a design echoing well-known memes like Apu Apustaja and Pepe the Frog, $BOBO has cultivated a robust community led by the likes of "rekt_teka NYSE:HI ". This community not only drives engagement but also supports the token through initiatives like the Bobo Council NFTs. Project Fundamentals $BOBO's structure includes zero tax on transactions, burned liquidity, and a renounced contract, providing a strong foundation for investor confidence in the often risky memecoin landscape. Market Cap Dynamics Having achieved a market cap of $100 million, $BOBO has proven its ability to attract significant investment, particularly notable in a sector where high Ethereum transaction fees can deter smaller trades. Its trading volume, despite a recent dip, still stands robust at $4,525,586 in the last 24 hours. Technical Analysis After touching an all-time high of $0.000003434 in June 2024, $BOBO's current price, though down by 51.32% from that peak, shows resilience compared to its all-time low of $0.000000007892 from June 2023, now up by over 21,000%. This indicates a strong potential for recovery and further growth. Market Position: Recently, $BOBO experienced a 3.17% drop, entering what technical analysts might see as a consolidation phase, possibly at the 65% Fibonacci retracement level. This could be an advantageous moment for those looking to invest long-term, especially in light of Ethereum's recent price stabilization. Exchange Exposure: With primary listings on MEXC and a presence on decentralized platforms like Uniswap V2, $BOBO's liquidity and visibility are currently limited. However, increased listings on more centralized exchanges could catalyze further price escalations. Market Sentiment and Future Outlook: The recent 75% surge over five days underscores $BOBO's appeal in the current market cycle, where memecoins are gaining traction as investors chase the next big cultural hit. This surge not only reflects strong community backing but also the token's alignment with broader market trends favoring the meme economy. Comparative Market Performance: $BOBO has significantly outperformed both the general crypto market and other tokens within the Ethereum ecosystem over the last week, with a 25.90% increase. Long-term Prospects: As the market potentially gears up for another bullish phase, $BOBO's current consolidation could serve as a strategic entry point for investors. Its cultural significance, combined with sound tokenomics, positions it well for future growth, particularly if the crypto narrative continues to favor memecoins. In summary, $BOBO's recent performance is not just a testament to its meme status but also to its strategic positioning within the cryptocurrency space. With a community that champions bearish humor yet supports bullish investment, $BOBO could be on the cusp of further significant gains. Keep watching this space - Bobo might just lead the next memecoin charge.
UNISWAP:BOBOWETH_E94568.USDLong
by DEXWireNews
ETH Chart updateHey, The Ethereum chart which I was raving on about in my last post.. I'm happy to see that my bias was right. ETH managed to reach the 2024 high level at $4090 to the dot and is now rejecting is level on the BTC pullback. I have a very high conviction that the ATH price at $4870 is being reached within a matter of time. One thing backing this statement up is the ETH ETF inflow data since last week. These numbers are just insane and it's showing a rotation of capital into ETH just like we expected.
COINBASE:ETHUSD
by newcapitalfx
Possibility of initialization of StochRSI indicator Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1W chart) ETH is currently located within the upper range of the HA-High indicator box on the 1M chart. Accordingly, if it rises above the Fibonacci ratio of 0.786 (4188.95), it is likely to create a new rising wave from a long-term perspective. The point of interest is whether it can renew the ATH. - If it fails to rise and falls below the Fibonacci ratio of 0.707 (3887.58), 1st: 3438.16-3644.71 2nd: 3265.0-3321.30 It is necessary to check whether it is supported near the 1st and 2nd above. - Currently, the StochRSI indicator has touched the 100 point, so the possibility of volatility is increasing. Therefore, the point of observation is how to reset the StochRSI indicator. - (ETHUSDT 1D chart) The point of observation is in which direction it deviates from the Fibonacci ratio of 0.707 (3887.58) ~ 0.786 (4188.95). The next volatility period for ETH is around December 16th. Therefore, the key is whether the price can maintain and rise around the Fibonacci ratio 0.707 (3887.58) ~ 0.786 (4188.95) range until then. If not, if it falls, it is expected to touch the M-Signal indicator on the 1D chart. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
Creator of Shiba Inu Launches ShiroThe creator of Shiba Inu is back with Shiro, a new memecoin that's already sparking interest in the crypto community. But is it worth your attention? Here’s what we know so far: The project comes from the same team behind Shiba Inu, which adds credibility given their track record. The official website features thematic episodes exploring recent events in the crypto world, giving the project a unique narrative spin. There’s speculation that Shiro’s market cap could reach $4-5 billion in the near term, with a potential climb to $10 billion if momentum builds. Potential or risk? Shiro has all the hallmarks of a memecoin: the promise of big returns (some are talking about up to 2000% this cycle) but also the inherent risks associated with speculative assets. It could be appealing if you're open to taking a calculated gamble on something new. As always, remember: Do Your Own Research (DYOR) and invest only what you can afford to lose. The Bottom Line: For those interested in exploring memecoins, Shiro looks intriguing. You can find it on CoinMarketCap, so check out the official site to learn more and decide if it fits your strategy. Happy trading and wishing you a great year-end! BINANCE:BTCUSDT COINBASE:ETHUSD BINANCE:SHIBUSDT BINANCE:UNIUSDT
SLong
by SophiaAnderson
ETH 1D. Road to a New ATH. 12/07/24The situation with Ethereum is straightforward. Whales accumulated ETH throughout the summer (as I repeatedly highlighted, encouraging you to invest as well). Now, we are witnessing a rally without significant pullbacks—and this trend is likely to continue for most assets, making it nearly impossible to wait for "better" entry points. At most, I anticipate a minor correction to the $3,800–$3,700 range (if it happens at all). However, the overall trajectory suggests continued, relentless growth without meaningful retracements. Ethereum is poised to establish a new all-time high (ATH) and follow in Bitcoin's footsteps, solidifying its position globally. DYOR.
Long
by trendbooster
SOLANA LOOKING ALL TIME HIGHS - SOL LONGPrice rejected strongly from the daily demand zone after running the daily swing liquidity. This move created a 4H demand zone. Following that, we saw a break of the bearish trendline, with a retest of both the trendline and the 4H demand. I entered a position during this retest, even as BTC was aggressively dumping by over $10K, which is why I couldn’t share this idea in real time. However, I am already in this trade and targeting a bare minimum of $271 as the next level.
Long
by UA_CAPITAL