Ethereum
Long

ETH Right On Track For $2500

347
ETH looks like its playing out a classic head and shoulders , my target would be close to the local top we put just under ATH .

ETH pullback was clear as when BTC approached its all time high we also pulled back and consolidated for a while. We are in a raging bull market but dont forget, nothing just keeps going up. Low leverage and you should be able to sleep through these drops.

BTC ATH pullback (-20%):
snapshot

ETH ATH pullback (-33%)
snapshot

Notice how ETH reacted with the major support after that large drop, can it drop more? Sure can, but I took some positions and I am ready for it to go lower and will add! When BTC broke its ATH in 2017 and just recently we did over 100% move. If ETH follows suit, I will be cashing out.... I mean we are in a bull market. This aint financial advice

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.