We are Bullish on Ethereum, ETH, since Tuesday, October, 25 when we received three (3) Buy Signals from the Engineer. The Horizontal Support Line at ($1311.00) has been very strong since September. The Weekly and Daily Downtrend Lines have also been broken and we are looking to move up and past the 200-Day Moving Average.
We were down around 80% since the All-Time High in November of 2021, also when the Weekly Uptrend Line was broken. The Weekly Downtrend Line has been broken and we have a triangle formation at this ($1311.00) Support Area.
We see this as a perfect Buying opportunity both technically and fundamentally speaking. There has yet to be an "Ethereum Killer" and we may never see one...
Utilizing TradingGrey and the Engineer is such a game changer! Not Financial Advice...Trade with Confidence and Control.