ETH Long Setup - Possible Double Bottom
After 1 Year of bear market, we can now see a possible bottom in the next coming month.
ABCD correction played out, now a double bottom could give us enough power to switch the momentum!
Notice we have lost over 80 % from the top by this point.
I expect the price to fall below previous low and then a nice rally to the upside!
So based on these indicators/price action, it could give us a nice (risk/reward ratio) trade or invest in crypto.
Just my view on the market.. GL.
ABCD correction played out, now a double bottom could give us enough power to switch the momentum!
Notice we have lost over 80 % from the top by this point.
I expect the price to fall below previous low and then a nice rally to the upside!
So based on these indicators/price action, it could give us a nice (risk/reward ratio) trade or invest in crypto.
Just my view on the market.. GL.
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