This is in my opinion the best time to go long on Ethereum. If I am correct then that'll be the fourth time in a row, please use proper risk management when trading and remember the market is unpredictable.
The best way to trade this right now is to focus on where the support and major support trendlines are. If we go based on this it means we have an idea where we could possibly drop to in terms of price without being disturbed by red candles on the screen.
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Nice opportunities to re-enter long at the bottom. I expected there to be a drop but how much we would go down seemed unclear. ETH|USD appears to have found support just above the $1000 mark.
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It seems like in the short and possibly mid-term that ETH:USD has bottomed out. It is my belief that we will likely re-test the "bottom" and then attempt at bouncing the above resistance levels.
I am looking at the following levels; 1100, 1200 & 1300.
Good call 👌🏾 looks like it’s headed that way after this pullback
CountOnCrypto
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@Stormedbyhippies, yes mate; that pullback was just a healthy correction and I'm confident that we're heading that way over the next week!
Karzon
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I agree with your opinion! But I think it's too late for entry!
CountOnCrypto
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@Karzon, I think it's possible to average in a position now :)
DietMondo1
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why is it going down a minor casual drop or something major about to come? do you see it going below 1500m
CountOnCrypto
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@DietMondo1, it's Sunday so that's one of those retail dumps
DietMondo1
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@CountOnCrypto its down below 1000!! i am freaking out. get in the time travel machine and enlighten us where the price is gona head and when the drop would stop
leveration32119
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let's hope you're right mate 🤞
DietMondo1
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you gona be right again. getting on the profit 🚆 train with you again 🤗 you should make a whatsapp group or something where all like minded people can chime in and make big bucks haha. would love to have you as a friend 🤑
CountOnCrypto
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@DietMondo1, Yeah for sure I might do, for now, you can follow me on Instagram: /countoncrypto