#ETHEREUM - BUY THE DIP LIKE A CHILL GUY ?
2024-12-20
Category: None

Is now a good time to go long on Ethereum?

Looking at the Fibonacci levels, we can see that Ethereum has just bounced off the golden pocket. This could signal a strong potential for upward momentum.

Here’s my idea:

1. Enter a long position here and aim to hold until the 1.618 Fibonacci extension level.

2. Along the way, consider scaling into the trade at key retracements to maximize gains while managing risk effectively.

What are your thoughts? Would you take this trade, or do you see other opportunities forming? Let’s discuss below!