Long

Ethereum - Looking for an exact repeat of the last breakout

Updated

Last time around, we saw a dump of over 40% after Ethereum reached all time highs. We just saw Ethereum pump to $420 USD shortly before dumping to a low of $253. After putting the chart on a logarithmic scale, we can see that this dump compared is extremely similar to the last one. Everything down to the candle order and dip levels were completely on point. Following the dump from last time, we saw a breakout as the Ichimoku cloud crossed. I'm thinking we'll see something just like that once again.

Entry - $330-$370
Target 1 - $450
Target 2 - $575

Good luck!

Note

We could potentially see a dump to ~320-330 one more time before heading up, but could also break up without that. If it happens, it's a great time to buy since this same thing happened last time as well.

Here's what it would look like, the blue candles are a mirror of how it played out last time.

Note

Note

Dip didn't happen. Should still be going up soon.

Note

Mini dump was expected. Should go up soon.

Note

Trade closed manually

Pattern failed.

i_c_d

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