Posts
avatar

Anything beneath the $1,800 level on $ETH is: - A massive opportunity - Not really attractive on daytrading purposes. This chart respresents it beautifully, as it showcases that we're currently in a clear downtrend on the chart. However, It's making a potential strong bullish divergence on many levels and that would indicate that $ETH is going to follow Bitcoin. That wouldn't be a wonder, right? The Clarity Act approval is around the corner, and this entire event is being used as a negative instrument for the markets to continue to fall. A typical 'sell the rumor, buy the news' type of price action that we're seeing here. Other than that, sweeping the following levels would be a tremendous buying opportunity in my perspective: - Below $1,505 - Below $1,385 I don't think the markets are eager to go down more and I doubt we'll see these levels ($AAVE and other protocols are already taking of). I much rather see a clear breakthrough at $1,800 and see these levels as strong opportunities to be accumulating more positions.

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment