🥷 UPDATE #ETH LET'S GO WITH KAMEHAMEHA
In ALL time frames the trend is DOWN. Yes... DOWN!!! 😮💨
BUT CALM DOWN! 🔥 There is a possibility of forming a "double bottom" or "beginning of an upward pivot" if it breaks the zone of 1,860–1,950, which coincides with the previous resistance area and exit from the "fear zone" above 1,850. Here is the most important point, if it doesn't break, it will likely test the bottom again and then it's time to buy more... hahaha
Uptrend only ABOVE 2,600.
‼️ According to the ATR, high volatility indicates that we could have a large movement in either direction from this moment. ⚠️⚠️⚠️
Support: 1,380 | 1,455 | 1,740
Resistance: 1,950 | 2,600
‼️ LONG-TERM OPERATION. WE CONTINUE TO ACCUMULATE FOR APPRECIATION. ‼️
————— FREQUENT QUESTIONS
1. NEW ENTRIES: For those who missed out, there is still time for opportunity. If the price pulls back and then buying strength comes in, it's a buying point.
2. DON'T KNOW HOW TO ANALYZE THE INDICATORS? That's okay, stick to the basics and observe the volume in the green candles of the larger time frames. And buy in fractions (there's a class on the profile).
3. WHY LOOK FOR BUYING STRENGTH?
It's in these regions that the price tends to hold, protecting your entry point and respecting your stop.
Example: When ETH touched the 1380 region, there was a clear reaction from buyers. Upon reaching the 1450 range, a strong candle with high volume appeared (evidence of buyers acting firmly). Did the price return to this region afterwards? No. This shows that the price was respected. And even if the price falls, you still have room to exit in profit.
Let's go! Leave a like to strengthen the profile. 🤝🏽🚀