ETH/USDT - The Longer Term Out Look
I couldn't help but notice a nice potential 1/2 on the higher time frame. This makes all the sense in the world if we are heading into the next bull market for crypto, which i do believe we are.
Currently it looks like we are working on wave 1 of the 3rd so i would be expecting a pullback any time now to between the .50 and .618 fib of the wave 1 of 3.
This would be a good place to start picking up some long term bags for anyone looking to take a long term position in ETH. one way to go about that for those less technically oriented, would be to begin dollar cost averaging into the next decent pullback, with a stop below the swing low at the (c) wave.
Currently it looks like we are working on wave 1 of the 3rd so i would be expecting a pullback any time now to between the .50 and .618 fib of the wave 1 of 3.
This would be a good place to start picking up some long term bags for anyone looking to take a long term position in ETH. one way to go about that for those less technically oriented, would be to begin dollar cost averaging into the next decent pullback, with a stop below the swing low at the (c) wave.
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