ETHEREUM - Buy Fear Part 2
Обновлено
ETH
Appears to be bottoming at the 1:0.618 Golden Window.
Notice that there are no candle bodies below the 0.786 overshoot ratio on higher time frames such as the day chart here.
Similar to other coins we are buying, we have the bullish pattern with bullish RSI on the 4 hour chart.
ETH can be a great buy in this area because we still await phase 2 on the Path To Altseason where Bitcoin Dominance leads.
Also can be a great one to hold if there is another dump as it may have limited downside compared to other lower ranked
As I said, if there is another dump, ETH like many other coins will likely not go too much lower without a bounce.
In that bearish scenario it may drop below the low a little, but not too much.
But right here it looks good for a bounce and Bitcoin is also at a key Fibonacci band.
So this is very good risk / reward here.
Buy fear 👍.
Not advice
Appears to be bottoming at the 1:0.618 Golden Window.
Notice that there are no candle bodies below the 0.786 overshoot ratio on higher time frames such as the day chart here.
Similar to other coins we are buying, we have the bullish pattern with bullish RSI on the 4 hour chart.
ETH can be a great buy in this area because we still await phase 2 on the Path To Altseason where Bitcoin Dominance leads.
Also can be a great one to hold if there is another dump as it may have limited downside compared to other lower ranked
As I said, if there is another dump, ETH like many other coins will likely not go too much lower without a bounce.
In that bearish scenario it may drop below the low a little, but not too much.
But right here it looks good for a bounce and Bitcoin is also at a key Fibonacci band.
So this is very good risk / reward here.
Buy fear 👍.
Not advice
Заметка
"Where Ethereum Dominance leads"* (not Bitcoin)Заметка
If you like this contrarian dip buy idea, hit the "Boost" button and more traders will see it 👍.Заметка
Ethereum ETFs approved today and this contrarian trade is working very well. Meanwhile many Bitcoin miners look terrible.You have to be able to read a chart to see what the flavour is.
Заметка
Holding well. Can move on up.Заметка
1 hour crypto video: 
We're into the post FED interest rate cut blow off phase for risk on markets🥳.
I have many great deep value opportunities ❕
Many Trade Ideas Every Day 📈
Regular videos ✨.
Telegram Group: $50 per month 👍🏻.
Contact: t.me/dRends35
I have many great deep value opportunities ❕
Many Trade Ideas Every Day 📈
Regular videos ✨.
Telegram Group: $50 per month 👍🏻.
Contact: t.me/dRends35
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