It's Time For Ethereum ✨✨✨
Updated
Hello again folks, I hope you enjoyed your holidays and listened to my advice to get some rest because we're going to have an exciting year in crypto markets. Let's start with Ethereum extraordinary movement ahead..
ETH had a rally from 730 to 1280 and after that it went into a resting phase for around 2 weeks..
The good news is this resting phase is broken with two strong candles in 4H chart and it's trying to retest the previous consolidation channel.. As you can see in the chart it's our smart option to start our buy/long positions here in this area of pull-back..
You can see the way I analyzed ETH will move throw the targets with the green arrow.. the next rally is starting now.. So check the targets on the chart.. I want to read your comment about the idea and feel free to ask me any question about my analysis..
Buy at: 1240 - 1290
Stop-Loss: 1055
Target 1: 1393
Target 2: 1680
Target 3: 1770
Target 4: 1960
ETH had a rally from 730 to 1280 and after that it went into a resting phase for around 2 weeks..
The good news is this resting phase is broken with two strong candles in 4H chart and it's trying to retest the previous consolidation channel.. As you can see in the chart it's our smart option to start our buy/long positions here in this area of pull-back..
You can see the way I analyzed ETH will move throw the targets with the green arrow.. the next rally is starting now.. So check the targets on the chart.. I want to read your comment about the idea and feel free to ask me any question about my analysis..
Buy at: 1240 - 1290
Stop-Loss: 1055
Target 1: 1393
Target 2: 1680
Target 3: 1770
Target 4: 1960
Trade closed: stop reached
The Stop-Loss is hit due to BTC 20% correction.. ALL ALTS went down.. I see some divergence on BTC.. I need to check out some more details on BTC to see if this correction is going to continue or we should seek for alt party from tomorrow.. I'll keep you posted on this idea if I wanted to get in position with ETH..Note
Besides the Stop-Loss being hit... But remember the target that I've shown on the chart are correct in upcoming weeks, So I suggest you to save it or take a screen shot..Note
As I told you about ETH upcoming targets and resistance levels, you can see how it is moving now.. I hope you bought ETH before, because it's going too 1900 - 2000..Note
ETH tested the supporting area.. BTC.D is breaking the important alt season area..
ETH is going to break upwards!!!
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