On higher context
ETH
coin might test the 2900-3000 level, for redistributing its coin.
This idea base on redistribution.
Im looking below again $600 this is not a financial advice.
Trade at your own risk. for now price reach the 50% since the price drop.
so we might test the 60% zone.
Trade it or own it.
This is only my view.
NOt giving a context on economics outlook like eth etf, if that happens then institutions want more positions at lowest level.
This idea base on redistribution.
Im looking below again $600 this is not a financial advice.
Trade at your own risk. for now price reach the 50% since the price drop.
so we might test the 60% zone.
Trade it or own it.
This is only my view.
NOt giving a context on economics outlook like eth etf, if that happens then institutions want more positions at lowest level.
Comment:
It will Rise, this idea base on Volumes, are you riding?
Comment:
2700-3000 for distribution. This is not a financial advice, almost 2 weeks since this posted.
Trade closed: target reached:
3000 level hit! closing this idea, updating for redistribution or if price keep pushing upwards re-distribution is invalid.