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Welcome to this ETH/USDT update. ETH is not looking good in LTF .

ETH is breaking down from the rising wedge pattern which is a bearish pattern . Also, a retest is done. I’m expecting more dump in ETH and Alts.

ETH has two important support levels one is around $3000. If ETH does not hold $3k support then the next support is at $2800

So I’m buying ETH in two parts. Put your first order around $3000 and the second one is at $2800. In the long term, I’m bullish on ETH and expecting $5k in the next 1-2 months.

This dump gives you the best entries for long in many Alts. All we have to do is just wait for the right time.

Invalidation level:- If ETH breaks $3300 also there is 100ma then this pattern becomes invalid.

What do you think about this?
Do you think we get a bounce from here or do we have to see more dump?
Share your views in the comment section.

Thank You!