Get ready to buy the Ethereum dip again
Eth is inside a large rising wedge which is a reversal pattern, however we can see from hourly moving averages the trend is clearly bullish. Weekly charts are also showing we are in a bull market now. So i'm only interested in buying dips.
I expect a fake break of this wedge pattern soon which will be another great opportunity to add to Eth longs before moving up to re-test the highs again
I expect a fake break of this wedge pattern soon which will be another great opportunity to add to Eth longs before moving up to re-test the highs again
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Lots of bullish momentum today as expected with the dip buy from fake break of the wedge. Former SEC chair's comments about BTC ETF likely approval sparking the rally
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About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.
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