Ethereum - Here comes the bear market bottom!

Jul 17

✨Ethereum (ETHUSD) is retesting incredible support:

🔎Analysis summary:

Over the past two weeks alone, Ethereum is already up a decent +20%. And with this first push higher, Ethereum is nicely starting to respect a clear higher timeframe support area. This could very well be the bottom and Ethereum is starting another +150% bullrun soon.

📝Levels to watch:

$1,500 and $4,500

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Jul 24

Trade active

✨Ethereum (ETHUSD) is already heading much higher:

🔎Analysis summary:

Literally everyone is still having a pretty bearish view of Ethereum and crypto in total. But if we objectively look at the higher timeframe chart, most cryptos are testing major support right now. Therefore Ethereum is also creating a decent bottom right now.

📝Levels to watch:

$1,500 and $4,500

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Jul 31

Trade closed: target reached

✨Ethereum (ETHUSD) is creating a major bottom:

🔎Analysis summary:

After retesting incredibly strong support back in June, Ethereum is now starting a major rejection. With the current +20% move during July, bulls are clearly stepping in and showing some first strength. Overall Ethereum is just creating a large bullish bottom.

📝Levels to watch:

$1,500 and $4,500

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)