ETH has reached an important support level at 3k and had a very nice bounce.
IMHO it´s too early to call a bottom.
Considering the strength of the drop, it is natural that a big support would at least create a temporary pullback.
I´m not taking trades at this moment and will be looking for reversal signals. A break of the very steep green trendline and a another rejection of the gray support would be really nice.
IMHO it´s too early to call a bottom.
Considering the strength of the drop, it is natural that a big support would at least create a temporary pullback.
I´m not taking trades at this moment and will be looking for reversal signals. A break of the very steep green trendline and a another rejection of the gray support would be really nice.
📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
