ETH/USDT Failed to breakout but i see further upside.
A lot of traders believe we will go down to test the $1400 region.
By looking at inflows into ethereum and other cryptos and also the technicality of the trade , i have a bullish bias towards 1900-2000 region. My time frame on the trade might be off but i think we will continue upwards after potentially a dip to 1650 region. Bollinger bands show us the lower boundary and the upper boundary of potential price movement.
Sentiment is signficantly better than it was a month ago.
Lets see how it unfolds!
This is not financial advice. Please do your own Due Diligence and Manags risk appropriate to your account standing.
By looking at inflows into ethereum and other cryptos and also the technicality of the trade , i have a bullish bias towards 1900-2000 region. My time frame on the trade might be off but i think we will continue upwards after potentially a dip to 1650 region. Bollinger bands show us the lower boundary and the upper boundary of potential price movement.
Sentiment is signficantly better than it was a month ago.
Lets see how it unfolds!
This is not financial advice. Please do your own Due Diligence and Manags risk appropriate to your account standing.