Big buy signal for Ethereum - Technicals and Fundamentals
Ethereum is looking great technically and fundamentally.
Technicals:
It broke up and out of a Cup and Handle formation and seems to be heading to the resistance of the downtrend at around $2,400...
Fundamentals:
1. Investors are getting back in since the Crypto crash with BTC, ETH, Luna etc...
2. Ethereum is merging with a new upgrade and update to improve the blockchain software
3. New influx of buying and selling as a safe haven due to Inflation and interest rates going up around the world.
I'm a buyer of Ethereum here and if it breaks above $2,400, we can see possibly another major leg up...
Trade well, live free....
Timon
Founder, MATI Trader
Technicals:
It broke up and out of a Cup and Handle formation and seems to be heading to the resistance of the downtrend at around $2,400...
Fundamentals:
1. Investors are getting back in since the Crypto crash with BTC, ETH, Luna etc...
2. Ethereum is merging with a new upgrade and update to improve the blockchain software
3. New influx of buying and selling as a safe haven due to Inflation and interest rates going up around the world.
I'm a buyer of Ethereum here and if it breaks above $2,400, we can see possibly another major leg up...
Trade well, live free....
Timon
Founder, MATI Trader
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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