Hello Traders and Investors, today I will take a look at Ethereum.
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Explanation of my video analysis:
After the beautiful bullish break and retest on Ethereum back in 2022, we saw sufficient bullish confirmation on the smaller timeframes leading to the +250% rally which we have been seeing lately. Considering that Ethereum is now retesting the previous all-time-high, we might see a correction to retest the next support towards the downside before Ethereum will continue its overall bullish trend.
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Keep your long term vision,
Philip (BasicTrading)
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Explanation of my video analysis:
After the beautiful bullish break and retest on Ethereum back in 2022, we saw sufficient bullish confirmation on the smaller timeframes leading to the +250% rally which we have been seeing lately. Considering that Ethereum is now retesting the previous all-time-high, we might see a correction to retest the next support towards the downside before Ethereum will continue its overall bullish trend.
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Keep your long term vision,
Philip (BasicTrading)