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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Dare to trade. Dare to win.
If Ether closes above 4300 on the daily chart, it remains bullish. It must not fall below 4270 in 12 hours; if it can't hold this level, then we will directly look for a fall. If it breaks 4160, we will directly increase the position for a short.
If we follow the rhythm of Bitcoin, it seems we have to look at the long term, as it won't drop in the short term. The weekly chart is very clear, with a big bullish candle for a week. The bullish engulfing pattern is obviously a bullish formation.
Consider going long on Ethereum between 4160-4180. Stop loss at 4125.
The Bitcoin long position can be considered to go long at 117500~118000, with a stop loss at 116500.
Personal opinion, not investment advice. Trade at your own risk.