ETH - All set for the Huge Gain !!!!
Hi Folks,
Are you ready for the massive gains for ETH ? so here you are.
Wait.... You might be thinking how, while the ETH remained bearish for quite some times!!! is'nt ??? YEAHHHH
so here is the explanation...
Market has tested 0.618 level of Fib number on dialy Time frame and from the past trends, it is seen that market rejection from this level (which is actually acting as a strong support) has proved a good bounce / gain in ETH.
secondly, there is a Bullish divergence on ETH on 1H and 4H time Frame followed by the double bottom which is a confluence for the Bullish trend.
Also, the market has remained in accumulation phase for quite long time, which depicts positions are building up before the break out of zone and rally.
BEST OF LUCK ... DONT MISS THIS, if you like it , please like and follow.