Hello Traders, welcome to today's analysis of Ethereum.
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Explanation of my video analysis:
Back in 2018 Ethereum created the previous cycle high at the psychological $1000 level. After Ethereum then broke above this level and came back to retest, we already saw a rally of +150%. Considering that Ethereum might start a new bullish cycle, I am now waiting for a retest of the structure which I mentioned in the analysis to then add my current open long positions.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.