ETH Huge Potential Gains Ahead
Etheruem has been lagging very hard against Bitcoin for the last year, and it may be time to finally see a big move in ETH.
After holding above the support zone and starting to try and break out of the previous high, I would like to see a pullback into the CC zone for a bounce to break back upwards.
We don't quite have much resistance ahead above 2800, and I would love to see a swift move back up, the same way we had seen a fast move down a few months ago.
Only time will tell..
After holding above the support zone and starting to try and break out of the previous high, I would like to see a pullback into the CC zone for a bounce to break back upwards.
We don't quite have much resistance ahead above 2800, and I would love to see a swift move back up, the same way we had seen a fast move down a few months ago.
Only time will tell..
تم فتح الصفقة
Here is the entry
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Looking nice, Some thoughts for future price action as we break out of the value areas.
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Alternatively, we could see a reaction at the previous range value area. A retrace to confirm the breakout of the current range we have traded in could be a nice compound.
أغلقت الصفقة: تم الوصول للهدف
Battling the previous VAL
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Moving according to plan
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Would like to see $3500 into the point of control of the previous range.
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Note the ETFs provide mass liquidity to the market, so I will be watching the levels on the leveraged ETF to provide confluence on where the resistance levels may be.
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Looking for the breakout to confirm here
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So far getting a reaction
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tapped 3500 and forming a wedge structure. would be ready for this situation if bitcoin holds support
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For a more clear entry I would like to see the previous range hold up and confirm a rotation higher
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Finally rotating into value area high
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Target Hit , exactly as predicted
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Longer term view for ETH. I feel like my price prediction for this cycle will be approx 16k-17k.
We are given some confluence with trendlines, and an inverse head and shoulders breakout.
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Inverted h&s or cup and handle whatever you would like to call it
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Looking at the next compound zone as a potential drop to 3k. We have the VAL, 200MA, trendline support, and 0.618 fib.
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we could also potentially find some support here at the vwap
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Longer term picture, from all time high, to previous cycle low.
We have retested the 0.618, poc, weekly level, and on the way to the 882 fib at 4400.
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Potential breakout here
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Retesting the VAH, adding some eth shares here
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Looking the next big long trade for ETH tomorrow if we can come back into the VAL and sweep 3k one more time before the real alt season begins
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.