Let me tell you about an asset that’s usually one of the worst performers in the market. But hold on—don’t start throwing rotten tomatoes just yet! I honestly think there’s serious potential here, kind of like XRP or SOL.
Lately, the crypto market’s been pretty quiet, which usually means a big move is coming soon. BTC looks ready to make a move, and when it does, the rest of the market will follow.
If you check out the ETHBTC chart on the weekly timeframe, there are a few bullish signals popping up—like divergence and a range bounce signal. As for ETHUSD, the daily chart looks solid. Right now, it’s forming the right shoulder of an inverse H&S pattern. Plus, there are a few unfilled CME gaps above that I think we’ll see filled soon.
The main risk here? In the worst scenario ETH could drop to $2,900 - $2,800. But honestly, even if that happens, it just makes a long position even more attractive. Either way, I’m already in the position.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.