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SilverWolfBtc
Bullish
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$ETH beautiful ranges #ETHETFsApproved
$ETH
beautiful ranges
#ETHETFsApproved
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$SUSHI trade plan
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Learn these things if you want to be among the top 1% traders- * Don’t assume a range is broken until it’s broken. * If you are unbothered of a dump and think it’s nothing much but a healthy correction, congratulations you have conquered your emotions. * Smart money tries to hide their move as much as possible but they can’t hide the volume on charts. So be patient, read the chart and trade like a wise human being instead of acting like a programmed robot who trades every time it sees few indicators suggesting something.
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$DASH currently at strong support
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$ROSE simple range
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$ETH deep analysis 1. ETH 1D time frame Price was in downtrend since 12 Mar but recently ETH has pumped vigorously when ETH ETF speculation started. Price broke the trend line that confirmed the end of long downtrend of price that lasted for more than 2 months. What now? As we all know SEC approved ETH ETF that will bring more volume and may drive the price higher but in short term, it may cause a dump first. Because as they say “Buy the rumour, sell the news.” For now price is retesting at $3620 area of support after the successful breakout. 2. ETH 4D time frame A lot has happened in ETH chart since we did the analysis of ETH last time but after looking at chart that I have sent last time, I realised ETH has exactly pumped from the support that I drew in previous chart. In previous chart there was a support line ( in Yellow) at $2874. After that analysis, price dropped 3 times to the exact support line but didn’t break it and bounced quickly. After testing the support 3rd time, price surged by 38%. Now it is retesting near $3600 area of support. If price holds this support firmly then we might see another rally upside. If it drops to this level of support then it will get back into the range of $3600- $2900. 3. ETH/ BTC The dominance of ETH is increasing as we can see in this chart, but after a quick breakout from the descending channel, price got back into the range. Seems like ETH bulls still have to put a lot of effort to break almost 2 years old downtrend. #ETHETFS #ETHETFsApproved
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