EthereumLong
Ethereum 4~5k+ Target
Ethereum 2017 ATH Scenario
1) Ethereum daily candle closed just 6 days above U$1.200 (major resistance);
2) Ethereum touched just one time U$1.400;
3) 4 days after touch U$1.200, dropped down to U$770;
4) 24 days after touch U$1.200, dropped down to U$550;
Atual Scenario (2021 ATH)
1) Ethereum daily candle closed 17 days above U$1.200 (major resistance)!!!
2) Ethereum touched 4 times U$1.400!!!
3) 12 days after touch U$1.200, went up to U$1.400.
4) 21 days after touch U$1.200 (today), the price is U$1.300.
Comparison of scenarios
It is very obvious that the current scenario is totally different from 2017 ATH.
The ATH range (U$1.200 ~ U$1.400) is maintaining itself and does not want to fall, there is a lot of buying power close to ATH.
It's just a matter of time to break $ 1,400 and rush to 4~5k+ level.
PS: I believe it will happen this year, in the coming weeks / months.
PS2: When ethereum breaks ATH, with daily candle closing above U$1.500, alt season will start strong.
1) Ethereum daily candle closed just 6 days above U$1.200 (major resistance);
2) Ethereum touched just one time U$1.400;
3) 4 days after touch U$1.200, dropped down to U$770;
4) 24 days after touch U$1.200, dropped down to U$550;
Atual Scenario (2021 ATH)
1) Ethereum daily candle closed 17 days above U$1.200 (major resistance)!!!
2) Ethereum touched 4 times U$1.400!!!
3) 12 days after touch U$1.200, went up to U$1.400.
4) 21 days after touch U$1.200 (today), the price is U$1.300.
Comparison of scenarios
It is very obvious that the current scenario is totally different from 2017 ATH.
The ATH range (U$1.200 ~ U$1.400) is maintaining itself and does not want to fall, there is a lot of buying power close to ATH.
It's just a matter of time to break $ 1,400 and rush to 4~5k+ level.
PS: I believe it will happen this year, in the coming weeks / months.
PS2: When ethereum breaks ATH, with daily candle closing above U$1.500, alt season will start strong.
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