Everyone Is Bearish on $ETH But This Chart Says $5,000
Most traders are turning bearish on Ethereum after months of weakness, but the weekly structure is showing something interesting. Price is currently sitting inside a major demand zone around $1,400-$1,700, which has acted as strong support several times in the past. Despite the negative sentiment, this area could become the foundation for the next big move.
A successful defense of this support zone may trigger a strong recovery. If buyers...
Everyone, stay patient and don’t ignore the next move.......
As I told you earlier, $BNB was expected to recover, and we have already seen a strong bounce from around $583 to nearly $598. The market is experiencing a small pullback right now, but that is completely normal after a sharp recovery.
In my view, this is not the time to panic. Buyers are still showing strength, and I believe $BNB could be preparing for a second push. Smart traders are watching the market closely and waiting for the...
$BTCDOM Long
Entry: 5,540 - 5,570
SL: 5,480 - 5,500
TP1: 5,615
TP2: 5,700 - 5,730
1:2+ RR. Mean-reversion bounce likely.