TOO HIGH TO BE BULLISH. WHAT CAN WE DO ATM?๐ค
โ
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.
โ 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.
๐กThe absolute principle for trading๐ก
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE๐๐ป AND FOLLOW MEโค IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU ๐
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.
โ 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.
๐กThe absolute principle for trading๐ก
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE๐๐ป AND FOLLOW MEโค IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU ๐
