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eth momentum divergence !ETH with recent high of 3411 created a triple top and we can see this high can act as new strong resistance following it the coin has corrected and currently trading at 3090 to 3180 zone
which is also the trend based fib extension at 1.786 at 1.618 which is also so called golden levels
we can noticed there is a divergence between momentum indicated through MACD histogram
if the levels of 3185 is broken we can get the target of 3300, with the stop loss of 3150
Trade based on proper risk management
Happy Trading ...!!!
ETH could give 300% returns in 2021? Check major TP here:Analysis:
Historically, ETH-BTC has given good gains after BTC rally
Pair almost at the bottom range
2021 major cryptocurrency
Investment Strategy:
Buy the ETH dips more than 5% or 9%
ETH in exchanges is reducing, the price could pump in next 3 months
If the price pumps too fast, convert some amount back to BTC but HOLD some ETH for 2021
The objective is to increase BTC holdings using ETH pump
ETH will not hold with bullish BTC in upcoming monthsIf you have ETH wait for the next pump towards 0.09 or 0.089 and sell it off to BTC. It will go down from here.
ETH USD value may be bullish but ETH BTC will be bearish. If you want more profit, switch your holdings to BTC from now.
Look at my other BTC idea for positive elliot wave of BTC.
ETH/USD Ready to Break $4000? Key Levels to WatchEthereum (ETH) is gearing up for a significant move, but first, it needs to overcome the substantial liquidity wall at $3700. This level poses a critical resistance that must be cleared before we can set sights on the $4000 mark. If ETH can break through $3700 with strong volume, the path to $4000 becomes much more attainable. However, there's a possibility of a pullback to form a double bottom before making a decisive breakout.