BUY WHEN YOU ARE AFRAID : ETHEREUM PRICE ACTION
Based on purely Technical analysis, the price of Ethereum have taken the sellside liquidity. If you notice the Higher timeframe (the monthly Timeframe), you will notice that the price is currently extremely bullish and also price is currently sitting on the Monthly FVG, this makes the price action still strongly Bullish
Also, the timing of the sells are not coincidental, again, from purely price action, the low of the month forms mostly on the second week of the month and that is what will most likely occur and then price will rally to the upside
I am targeting the buyside liquidity next, therefore, $4000 is my next target
Also, the timing of the sells are not coincidental, again, from purely price action, the low of the month forms mostly on the second week of the month and that is what will most likely occur and then price will rally to the upside
I am targeting the buyside liquidity next, therefore, $4000 is my next target
Trade active:
We are still a long way from my final target
But as traders, we should always keep this quote on mind, "Slow is smooth, smooth is fast"
But as traders, we should always keep this quote on mind, "Slow is smooth, smooth is fast"