Ethereum - This Is The Last Buying Opportunity!

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Ethereum (ETHUSD) is still super bullish:



Click chart above to see the detailed analysis👆🏻

Despite the correction of about -50% which we saw over the past couple of months on Ethereum, market structure and price action is still overall bullish. Ethereum is currently creating a bullish break and retest with a potential move of +60% towards the upside.

Levels to watch: $2.000, $4.000

Keep your long term vision,
Philip (BasicTrading)

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Trading update on Ethereum (ETHUSD):



Click chart above to see the detailed analysis👆🏻

After retesting the confluence of support for two months in a row, it seems like Ethereum is finally starting the bullish rejection. Ethereum could certainly catch up to Bitcoin and if the bullish crypto cycle continues, it might be a matter of weeks until we will see new highs.

Levels to watch: $2.000, $4.000

Keep your long term vision,
Philip (BasicTrading)

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Trading update on Ethereum (ETHUSD):



Click chart above to see the detailed analysis👆🏻

After pumping more than +10% today, it might be smart to close out first partials on Ethereum if you bought the confluence of support. However I still do expect a lot more bullish price action since the next resistance is at the previous all time high - so we can still see a move of +75% from the current levels.

Levels to watch: $2.000, $4.000

Keep your long term vision,
Philip (BasicTrading)