bl4ckoffee

LAST CONSOLIDATION BEFORE NEXT BULL RUN

Short
BINANCE:ETHUSDT.P   Ethereum / TetherUS PERPETUAL CONTRACT
My Idea of consolidation towards next bull run. Best time to Buy and HODL.
ETH and BTC showing tendency of having a pullback soon before finally moving down towards the last consolidation area.
Expecting to see strong bullish formation after taking out previous HTF Low towards the GAP on 3D TF
We could already be at the start of the next bull run very very soon. Probably between March to June of 2023. :)
Time to study the best crypto projects out there.
I think the timing is just perfect, as most of the influencers out there area calling for the next bull run to be in 2024.
Momentarily my bias is a short swing upwards as a retracement of 50% to 61.8% taking out some of the gaps left recently before the continuation towards the last consolidation area.

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.