EthereumLong
ETH Accumulation Before It's Next Move Up
+Crypto markets have been in one hell of a ride these few days and the parties just getting started.
+After Breaking out if its downtrend (white line) we saw ETH do 25% in roughly 5 and a half days.
+Most people TP were $686 including mine but what most of us forgot is the monthly level of $669
+Once we had our first touch on this level we saw a scam wick down stopping out all the noobs that fomomed in a grabbed longs.
+If you have been trading ETH for awhile you remember what happened when we first tested $486
+We seem to be creating the same type of pattern here and my guess is well be seeing a slow bleed to $618 accumulate along tis level and have our 3rd test on this Possible Trend line.
+Now I saw possible for 1 main reasons a trend line needs 3 confirmations/Tabs to confirm we are in a uptrend. This atm only has 2
+ETH is exhausted moves don't go up forever without a healthy pullback
+Respecting the level of $618 and bouncing off of this potential trend line I believe ETH will have enough momentum to ladder up towards $784
First TP $732
Second TP $784
+After Breaking out if its downtrend (white line) we saw ETH do 25% in roughly 5 and a half days.
+Most people TP were $686 including mine but what most of us forgot is the monthly level of $669
+Once we had our first touch on this level we saw a scam wick down stopping out all the noobs that fomomed in a grabbed longs.
+If you have been trading ETH for awhile you remember what happened when we first tested $486
+We seem to be creating the same type of pattern here and my guess is well be seeing a slow bleed to $618 accumulate along tis level and have our 3rd test on this Possible Trend line.
+Now I saw possible for 1 main reasons a trend line needs 3 confirmations/Tabs to confirm we are in a uptrend. This atm only has 2
+ETH is exhausted moves don't go up forever without a healthy pullback
+Respecting the level of $618 and bouncing off of this potential trend line I believe ETH will have enough momentum to ladder up towards $784
First TP $732
Second TP $784
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