Ethereum is calling Altseason - 3 Targets
Greetings everyone :)
Hope you are well and SAFU! :)
In my opinion ETH is more bullish than Bitcoin.
We have at the moment two bullish patterns that they are playing out.
Symmetrical triangle with target $4100
Inverse Head and Shoulders with target $2630.
$2630 in my opinion is a crucial area. If ETH find support above this level, then may ETH will start the next bull run in cryptos.
In shorter time frame we have another one bullish pattern which at the moment is not playing out as we have strong resistance
between $1800 - $1920
This pattern is an ascending bull flag. Breaking above $1920, it gives target $2300.
My plan is...
Breaking above $1920, we will see TP1 and TP2. In short words, if we break above this resistance, ETH is long until $2630 where
and we will see the real battle between bulls and bears.
I am long in ETH from the neckline of Inverse head and shoulders. I will add more once we break above $1920.
Note:
Until Bitcoin dominance is below 48.66, we have possibilities to see a mini Alt-season. If ETH breaks above $1920, i think Bitcoin dominance will makes
pull back and Altcoins will explode.
Your comments and a possible like in our TA, will be always appreciated.
I am waiting from you to discuss anything connected with cryptocurrencies and crypto industry. :)
Have everyone a nice day ahead and a wonderful weekend.
Hope you are well and SAFU! :)
In my opinion ETH is more bullish than Bitcoin.
We have at the moment two bullish patterns that they are playing out.
Symmetrical triangle with target $4100
Inverse Head and Shoulders with target $2630.
$2630 in my opinion is a crucial area. If ETH find support above this level, then may ETH will start the next bull run in cryptos.
In shorter time frame we have another one bullish pattern which at the moment is not playing out as we have strong resistance
between $1800 - $1920
This pattern is an ascending bull flag. Breaking above $1920, it gives target $2300.
My plan is...
Breaking above $1920, we will see TP1 and TP2. In short words, if we break above this resistance, ETH is long until $2630 where
and we will see the real battle between bulls and bears.
I am long in ETH from the neckline of Inverse head and shoulders. I will add more once we break above $1920.
Note:
Until Bitcoin dominance is below 48.66, we have possibilities to see a mini Alt-season. If ETH breaks above $1920, i think Bitcoin dominance will makes
pull back and Altcoins will explode.
Your comments and a possible like in our TA, will be always appreciated.
I am waiting from you to discuss anything connected with cryptocurrencies and crypto industry. :)
Have everyone a nice day ahead and a wonderful weekend.