"ETH was in a consolidation area, as I mentioned four days ago, and it has exited this area, breaking a very important trend. Now, as we see, we are waiting for a retest of these areas, and the 0.618 level at the nearest support zone will be a suitable price for buying for those who haven't noticed ETH.
BTC" shows that it is super bullish. In this case, you need to be very careful and not rush, because at this particular time, people are afraid of missing the train, so they buy at any price. Additionally, there are those who enter with leverage. Here, the market makers start to hunt people and liquidate their accounts, and with the strong upward movement of the market, we will start to see some wicks to hunt the stoploss or correction so be ready for this and don't get FOMO
We are approaching the altseason , and I wanted to highlight a few things that I hope you will follow and understand well.
1. Never listen to influencers; instead, research on your own. You can use them as a helpful tool to track market news or what’s new in cryptocurrencies, but do not invest based on their opinions.
2. You need to understand market psychology during a bull run and when money exits $BTC and flows into $ETH and other cryptocurrencies. This is explained on my page; you can check it out.
3.You should know when to sell . We are here to invest our money and grow it, not to get attached to certain projects or currencies. When the right time to sell comes, sell immediately.
4. Don’t follow your feelings; instead, follow the facts.
If you follow these tips, I assure you will earn a lot.
The pic showing you how the money flow working during the bull markt
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Abcharts
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Bullish
$ETH was in a consolidation zone for 94 days, today it broke a downtrend and exited the consolidation zone. In the coming days, there will be strong price movement for Ethereum."
$ETH was in a consolidation zone for 94 days, today it broke a downtrend and exited the consolidation zone. In the coming days, there will be strong price movement for Ethereum."