ETH: Gradually building a 20% account position
Updated
I'm buying Ethereum gradually with BTC over two weeks. I think we'll form a strong base and rally once again, after having bottomed at the low volume support in the weekly chart here, in the fiat chart.
RgMov shows an uptrend, we got oversold, broke the recent downtrend linear regression channel not only made a new weekly high but also expanded the weekly range.
If we break above the uptrend mode, we'll be in good shape to rally over the 100 handle here in the long term, so, don't miss out on accumulating longs here, specially if you missed the first rally before the giant sideways consolidation phase.
If you have insights regarding fundamentals for this move, or any comments, leave them below.
Good luck and happy new year!
Ivan Labrie.
RgMov shows an uptrend, we got oversold, broke the recent downtrend linear regression channel not only made a new weekly high but also expanded the weekly range.
If we break above the uptrend mode, we'll be in good shape to rally over the 100 handle here in the long term, so, don't miss out on accumulating longs here, specially if you missed the first rally before the giant sideways consolidation phase.
If you have insights regarding fundamentals for this move, or any comments, leave them below.
Good luck and happy new year!
Ivan Labrie.
Comment
Nice dip here, to join the move. I'm adding some more since I had bought already. My average entry is 0.0082.Comment
Great!Comment
Ethereum is now above most resistance levels. Next level is 39% higher! Comment
I've measured how far a rally can go, just from sellers giving up in 
ETHEUR Comment
To my followers: you're welcome.Almost confirmed in the monthly. Brace yourselves!
Comment
The monthly chart suggests ETHEUR's long term rally is strong 
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Related publications
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.