Analyst Highlights Ethereum ‘Kill Zone’ That Shows The Best Time To Buy
Ethereum (ETH) has been under heavy selling pressure in recent weeks, leaving many retail investors uncertain about when to enter the market. However, Lingrid, a TradingView crypto expert, has stepped in, pinpointing an area she calls a “Kill Zone,” which reveals the most ideal entry point for traders looking to buy ETH at the best possible price before the next major move higher. Analyst Flags Ethereum Kill Zone As Prime Buy Area On May 20, Lingrid shared a new TradingView analysis of the Ethereum price, outlining what she believes is the ideal buy zone for investors and traders looking to accumulate during the current market dip. Related Reading: New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’ According to the expert, ETH recently broke down sharply from a “primary shaded wedge pattern,” highlighted on her accompanying chart. She noted that the breakdown had triggered a massive leverage flush, pushing ETH’s price down to $2,070. She added that the move has done its job b