Coin Name: $ETH
Position: LONG๐
This chart shows the trading data for Ethereum against the US Dollar (ETH/USD) on a 4-hour time frame:
๐ The main chart shows the price movement of Ethereum.
๐ต Entry Price: price: $3,591.88 or Market Price.
๐ Red and green lines show price ups and downs.
โฌ๏ธ Entry Price line where a hypothetical buy could be initiated.
๐ข Support Zone: Area where price might find support and not drop further.
๐ Trend lines (white) suggest potential future price path upwards.
๐ Each TP represents a level to possibly sell for profit.
The red trend line in the chart highlights a consistent upward trajectory in the Altcoin Season Index. This trend suggests that:
Momentum Shift: The market is gradually moving away from Bitcoin dominance toward a more Altcoin-focused phase.
Potential Altcoin Season: If the upward movement continues, the index may cross the 75 mark, signaling a full-fledged Altcoin Season.
Historical Behavior: Previous trends indicate similar upward movements leading to Altcoin outperformance.
๐ฏ Targets :
1๏ธโฃ First TP at $3,690.37
2๏ธโฃ Second TP at $3,809.96
3๏ธโฃ Third TP at $4,050.93
๐ Special Note:
โ ๏ธ Use only 1% of your portfolio ๐ผ to manage risks effectively. Avoid high leverage ๐ซ and proceed cautiously to mitigate potential losses ๐. Always prioritize risk management โ
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