Hi friens!
I am sharing with you the analysis on Ethereum.
There are two strongest historical levels on the chart, 1277 and 1440, which were confirmed last month.
At the moment, the price is trading between these levels.
In general, if you look globally, I really like how the coin chart looks at the moment.
We have approached the historical level and have been trading below it for three weeks, practically not rolling back.
This shows that there is a strong buyer in the market who is holding the price.
There is also a seller in this zone who sells purchased coins at a lower price,
thereby fixing profits. There are also sellers in this zone who bought at the highs in 2017.
Based on the foregoing, we are observing in this zone a struggle between bulls and bears.
The question is who will win and where will it be safe to enter the market?
If the price continues to rise further and a slow approach to the historical level of 1440,
then I will definitely buy on the breakout of this level! There we can get a very strong upward movement.
If buyers do not hold the price and the price falls below the support level of 1277, then on a pullback to this level I will look for a sell entry point.
But for now, my priority is to move up!
Be careful!
✔ Do not forget to trade using your own trading system and with stops!
✔ If you like what I do, put 👍 and subscribe! 🙌👀
✔ This is the best gratitude for my work! 💕
I am sharing with you the analysis on Ethereum.
There are two strongest historical levels on the chart, 1277 and 1440, which were confirmed last month.
At the moment, the price is trading between these levels.
In general, if you look globally, I really like how the coin chart looks at the moment.
We have approached the historical level and have been trading below it for three weeks, practically not rolling back.
This shows that there is a strong buyer in the market who is holding the price.
There is also a seller in this zone who sells purchased coins at a lower price,
thereby fixing profits. There are also sellers in this zone who bought at the highs in 2017.
Based on the foregoing, we are observing in this zone a struggle between bulls and bears.
The question is who will win and where will it be safe to enter the market?
If the price continues to rise further and a slow approach to the historical level of 1440,
then I will definitely buy on the breakout of this level! There we can get a very strong upward movement.
If buyers do not hold the price and the price falls below the support level of 1277, then on a pullback to this level I will look for a sell entry point.
But for now, my priority is to move up!
Be careful!
✔ Do not forget to trade using your own trading system and with stops!
✔ If you like what I do, put 👍 and subscribe! 🙌👀
✔ This is the best gratitude for my work! 💕
