Ethereum
Long

Has the dip ended on Ethereum?!

273
Good afternoon cryptomaniacs

From this TA, i firmly believe that the dip is now over and Ethereum has recovered.
Here are the following reasons why.

1. EMAs are still bullish and looking healthy
2. We have had 3 impulses down
3. Regular bullish divergence with a slight double bottom
Above are the reasons why I believe the dip has come to an end.

Another note we could have two options on how to trade this.
Which are
1. Enter a trade now
2. Wait for price to return to the yellow box

As always, keep the risk managed

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.