harisonhbn9718

Ethereum into the simetric triangle from JUL 2018, Accumulation?

Education
COINBASE:ETHUSD   Ethereum
Hello, in this technical and special analysis for Ethereum I see that Ethereum is into the great zone of accumulation began from 2018 to actually. So, it;s very strange what Ethereum is so prepared to a bullish cycle in the future. So, lets me see any thing. Ethereum has complete the Elliot wave ABCDE, and now later of the E, I see that Ethereum want to going to broke up the simetric triangle. And this reprresent a bullish cycle between finally on 2020 and 2021, so wich is represent a new altseason epiosdes. But, for there we need to check out the Bitcoin and Etherum Dominance to see if Ethereum going up and Bitcoin stay consolidated in this altseason possible.


Now, look above what I add this screenshoot in daily timeframe. We are in the elliot wave 12345. Now, we a re in the possible retrocement approximmately in $190 USD each Ether and later to continue the last elliot wave # 5. And there, Ethereum must be to leave at $250 USD approximattely to complete the last elliot wave. So, when Ethereum going in this zone, we need to check up what Ethereum will do if accomplish the drop of Bitcoin price to going to accumulate more Bitcoin as Ethereum, or just Ethereum going to the moon and Bitcoin it's drop seem a new altseason. But, this theory, we need to check the Bitcoin dominance and Ethereum dominace what this cryptocurrency will do as a indicator factor.

But, some in the moment we can to trade Ethereum in H4 and H1 technical analysis to earn money while Bitcoin and Ethereum take decision in the big timeframe!!!

Don't missing my technical analysis for there situation and investigate there!!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.