Ethereum Monthly Line Revealed: The Bull Market Has Just Begun! 🚀
Let’s take a look at how beautiful Ethereum's monthly line is:
1️⃣ Firmly standing above the long-term upward trend line
2️⃣ April accurately tested the support level, forming a classic hammer line
3️⃣ From March to May, it formed a perfect 'Morning Star' pattern
4️⃣ In July, a large bullish candle completely engulfed the annual consolidation range
Key Position:
💪 Now at the upper edge of the dense trading area
🔥 But in a bull market, resistance levels are meant to be broken!
Trading Mindset:
📉 Unrealized losses are not losses; as long as you don't sell, there's still a chance
📈 Unrealized gains are not gains; holding onto your shares is the key
🌊 Once you choose to trade, you must enjoy this volatility
Market Wisdom:
Candlestick patterns are like life
Having ups and downs is the norm
The key is to hold firm in the trend
Conclusion: This monthly line with upper and lower shadows actually indicates a healthy market; the harder the washout, the stronger the rise!$ETH