TOO HIGH TO BE BULLISH. WHAT CAN WE DO ATM?🤔
âś… PREVIOUSLY ON ETH
The price bounced off around 1700, which was a great opportunity for long, as we expected.
Then we expected the bullish waves toward 3350.
3350 is the important level because it's Fib 61.8.
âś… WHERE WE ARE ATM
It's too high to buy at the moment. If you are bullish now, you'll be a newbie forever.
So what can we do?
1) To be bullish, we just must wait for the drop, correction.
As of now, fib 38.2(2739) to fib61.8(2344) looks like a good zone to be bullish.
2) To be bearish, it's good timing at the moment.
Once 3053 is broken, we can expect a strong drop.
*As long as 3377 remains unbroken, this idea is valid.
đź’ˇThe absolute principle for tradingđź’ˇ
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
The price bounced off around 1700, which was a great opportunity for long, as we expected.
Then we expected the bullish waves toward 3350.
3350 is the important level because it's Fib 61.8.
âś… WHERE WE ARE ATM
It's too high to buy at the moment. If you are bullish now, you'll be a newbie forever.
So what can we do?
1) To be bullish, we just must wait for the drop, correction.
As of now, fib 38.2(2739) to fib61.8(2344) looks like a good zone to be bullish.
2) To be bearish, it's good timing at the moment.
Once 3053 is broken, we can expect a strong drop.
*As long as 3377 remains unbroken, this idea is valid.
đź’ˇThe absolute principle for tradingđź’ˇ
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
