Ethereum - This confluence has to hold!

Jun 26

🎉Ethereum (ETHUSD) has to reject this support:

🔎Analysis summary:

Literally within six months, Ethereum collapsed a major -60% from the previous highs. But Ethereum also remains in a clear underlying bullish uptrend. And looking at the important higher timeframe, Ethereum is also testing its final strong confluence of support.

📝Levels to watch:

$1,500

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Jul 3

Trade active

🎉Ethereum (ETHUSD) is still holding the zone:

🔎Analysis summary:

After the recent quite harsh correction of about -70%, Ethereum is finally respecting a major support area. Together with the underlying bullrun, this can turn into a quite strong bearmarket bottom. Ethereum is preparing a rally back to the all time highs.

📝Levels to watch:

$1,500

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Jul 10

Trade closed: target reached

🎉Ethereum (ETHUSD) is starting the bottom:

🔎Analysis summary:

For literally five years, Ethereum has been moving absolutely nowhere. And in the meantime, we witnessed rallies of +350% and corrections of -70% and a lot of volatility. But right now, Ethereum is creating a bottom and starting the next major bullrun.

📝Levels to watch:

$1,500

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)