In the H12 timeframe, we see that Ethereum it's so bullish. Because if I see this hide chart, we see a suppot above of $1,720 USD and we see with clearfully that Ethereum don't see any short or sell position.
The trend it's the best friend. Specially in Daily that I'm more enfocous.
So, if we consider to entry in short, maybe the best zone it's to sell all for below of $1,440 USD just break down this resistance to then, going to see a crash in Ethereum as another bearish scenario. But that not going to pass, Etereum it's bulish and I'm optimistic with this cryptocurrency.
We are so near to touch the $2,000 USD target. But I own target it's around of $3,200 USD.
For that, I like this timeframe. Remember, if we see, we should to consider that Daily chart it's so bullish in medium term to goes to $3,200 USD
For that, I'm bullish in Ethereum, there's not any reason to short or sell Ethereum, so I believe that my currently analsis on yesterday Ethereum, in H4 timeframe it's a fake price action that they speak to sell, and now we going to bought. For that, I cancelled and closed up manually my short position in Ethereum.
I'd reccomend to put in long position to bought Ethereum in the market price with the SL at $1,613 USD
The trend it's the best friend. Specially in Daily that I'm more enfocous.
So, if we consider to entry in short, maybe the best zone it's to sell all for below of $1,440 USD just break down this resistance to then, going to see a crash in Ethereum as another bearish scenario. But that not going to pass, Etereum it's bulish and I'm optimistic with this cryptocurrency.
We are so near to touch the $2,000 USD target. But I own target it's around of $3,200 USD.
For that, I like this timeframe. Remember, if we see, we should to consider that Daily chart it's so bullish in medium term to goes to $3,200 USD
For that, I'm bullish in Ethereum, there's not any reason to short or sell Ethereum, so I believe that my currently analsis on yesterday Ethereum, in H4 timeframe it's a fake price action that they speak to sell, and now we going to bought. For that, I cancelled and closed up manually my short position in Ethereum.
I'd reccomend to put in long position to bought Ethereum in the market price with the SL at $1,613 USD