i think we will se a short pushback, and an opportunity to scale in. on the 4h candles, the RSI shows that we are in an overbought area. if the trend continues without a pushback, i would wait for the next opportunity to scale in.
Is now a good time to go long on Ethereum?
Looking at the Fibonacci levels, we can see that Ethereum has just bounced off the golden pocket. This could signal a strong potential for upward momentum.
Here’s my idea:
1. Enter a long position here and aim to hold until the 1.618 Fibonacci extension level.
2. Along the way, consider scaling into the trade at key...
In my opinion, Ethereum is currently very undervalued. However, I could see a potential correction to the downside in the short term to liquidate excessive leverage. Once the next weekly candle closes above the trendline, I believe Ethereum could experience a strong price surge upwards, potentially reaching the all-time high, and then targeting Fibonacci...
will dogecoin experience a dip to $0.27 before skyrocketing towards $0.74 and eventually $1? Some indicators suggest we might see a liquidity sweep with a few wicks to shake out leveraged positions before the real bullish momentum kicks in.
what dou you think will happen?:
1️⃣ bullrun towards new highs without major corrections?
2️⃣ drop to $0.27 for liquidity...
