Coin Name: $ETH
Position: LONG🚀
This chart shows the trading data for Ethereum against the US Dollar (ETH/USD) on a 4-hour time frame:
📊 The main chart shows the price movement of Ethereum.
🔵 Entry Price: price: $3,591.88 or Market Price.
📉 Red and green lines show price ups and downs.
⬆️ Entry Price line where a hypothetical buy could be initiated.
🟢 Support Zone: Area where price might find support and not drop further.
📈 Trend lines (white) suggest potential future price path upwards.
🛑 Each TP represents a level to possibly sell for profit.
The red trend line in the chart highlights a consistent upward trajectory in the Altcoin Season Index. This trend suggests that:
Momentum Shift: The market is gradually moving away from Bitcoin dominance toward a more Altcoin-focused phase.
Potential Altcoin Season: If the upward movement continues, the index may cross the 75 mark, signaling a full-fledged Altcoin Season.
Historical Behavior: Previous trends indicate similar upward movements leading to Altcoin outperformance.
🎯 Targets :
1️⃣ First TP at $3,690.37
2️⃣ Second TP at $3,809.96
3️⃣ Third TP at $4,050.93
📌 Special Note:
⚠️ Use only 1% of your portfolio 💼 to manage risks effectively. Avoid high leverage 🚫 and proceed cautiously to mitigate potential losses 📉. Always prioritize risk management ✅.
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