Ethereum Swing Long Update
- Ethereum is currently trading at 2563$
- Ethereum can soon outperform BTC once it flips 2800$ on a weekly time frame
- As a trader, you should wait for Ethereum to fill the FVG that's sitting on 2490$
- Deeper retracement will lead to an impulsive move towards the upside
- Make sure to add more size in ETH once you see it below 2500$
- I am anticipating Ethereum to easily print 3600-4000$ by the end of October
- For leverage traders watch out 2450 and try to make your entries conservative if you are using 2-3x leverage anything above that can be very risky
- Look for longs more because the market has a lot to recover in the last quarter instead of falling from here
- I don't think we should be falling from here anymore like we did earlier, small retracements and sudden retracements are fine in a bull market but as long as ETH isn't above 5000$ we cant consider this an altcoin bull market
- Trade safe and use logic - VK
- Ethereum can soon outperform BTC once it flips 2800$ on a weekly time frame
- As a trader, you should wait for Ethereum to fill the FVG that's sitting on 2490$
- Deeper retracement will lead to an impulsive move towards the upside
- Make sure to add more size in ETH once you see it below 2500$
- I am anticipating Ethereum to easily print 3600-4000$ by the end of October
- For leverage traders watch out 2450 and try to make your entries conservative if you are using 2-3x leverage anything above that can be very risky
- Look for longs more because the market has a lot to recover in the last quarter instead of falling from here
- I don't think we should be falling from here anymore like we did earlier, small retracements and sudden retracements are fine in a bull market but as long as ETH isn't above 5000$ we cant consider this an altcoin bull market
- Trade safe and use logic - VK
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