Possible ETH BreakOut: ETH Feeling a Little Bullish?
My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
Note: This is not financial advice, nor am I a financial advisor. Therefore, my analysis should be taken with a grain of salt.
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ANALYSIS:
ETH 9EMA is looking to cross the 20EMA, which could have ETH explode to $700. However, we could have a break to the downside if there is a failed RS flip @ the R1. Therefore, be aware of a possible 12% dip, which is very possible due to whales want to bag ETH @ a discounted price. But, in most cases, ETH tends to break out on its 4th attempt @ an area of resistance. Currently, the $620 region is acting as resistance, so keep a close eye on that area for validation.
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
Note: This is not financial advice, nor am I a financial advisor. Therefore, my analysis should be taken with a grain of salt.
--------------------------------------------------------------------------------------------------------------------------------------------------------
ANALYSIS:
ETH 9EMA is looking to cross the 20EMA, which could have ETH explode to $700. However, we could have a break to the downside if there is a failed RS flip @ the R1. Therefore, be aware of a possible 12% dip, which is very possible due to whales want to bag ETH @ a discounted price. But, in most cases, ETH tends to break out on its 4th attempt @ an area of resistance. Currently, the $620 region is acting as resistance, so keep a close eye on that area for validation.