Mid-term view on ETH. Is $3000🔥possible in 2022?
ETH as 99% other altcoins start to consolidate. Now, when BTC is too strong, all alts copying it`s movements. The new bull markets in 4/5 cases starts from consolidation at the bottom. It seems like now the same.
If you want to understand where the best entry point and how to enter a long, read the idea to the end.
📊When the growth usually become? As it always were, the crypto market start to grow from the August till May because a lot of treders and big players return from the summer vocations and liquidity return to the market.
📊So is ETH return to $3000 this year? I think if BTC return to $35-40k and SPY reach $4200-4400 it will be easy for ETH. This is highly possible because all indicators, even Greenwhich💹, show some positive signals. Almost all crypto indicators confirmed✅ that crypto is really oversold.
Additionally, using the simple volume indicator you can identify the zones of liquidations. The market always starts to grow after such massive liquidations🔥 Check the ETH and BTC history.
After all, what is +100% for the crypto market? Every day some altcoins grow by 1000%.
📊Where the best entry points to open a long? First of all, i marked the huge value area of $1066-1278 which is support for the ETH. If the price return there again it will be good to buy some ETHs using my free trading strategies. The breakout of the trendline for example.
📈Check the last idea on ETH where i marked the highly possible scenario and after the collection of liquidity price grown by 33% and almost reach our second target✅$1500. It's all thanks to trendline breakout strategy.
🚩A lot of traders starts to talk about the bearish patterns on ETH chart. Each pattern has it`s own win rate. The bearish patterns at the market bottoms have 5-10% win rate and bullish patterns have 90-95%. So it`s better to look for🔥bull patterns.
Finnaly, don`t be greedy when others buy and don`t be scared when other sells. You just need to have your own trading strategy💹 with clear and simple rules to make a profit. Bull market help every newbee to trade profitable.
🏁Traders, check the links and watch free videos if you want to know more about trendline breakout strategy: how to trade it, how to identify manipulations to open a trade with the whales and set right sl and tp.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
If you want to understand where the best entry point and how to enter a long, read the idea to the end.
📊When the growth usually become? As it always were, the crypto market start to grow from the August till May because a lot of treders and big players return from the summer vocations and liquidity return to the market.
📊So is ETH return to $3000 this year? I think if BTC return to $35-40k and SPY reach $4200-4400 it will be easy for ETH. This is highly possible because all indicators, even Greenwhich💹, show some positive signals. Almost all crypto indicators confirmed✅ that crypto is really oversold.
Additionally, using the simple volume indicator you can identify the zones of liquidations. The market always starts to grow after such massive liquidations🔥 Check the ETH and BTC history.
After all, what is +100% for the crypto market? Every day some altcoins grow by 1000%.
📊Where the best entry points to open a long? First of all, i marked the huge value area of $1066-1278 which is support for the ETH. If the price return there again it will be good to buy some ETHs using my free trading strategies. The breakout of the trendline for example.
📈Check the last idea on ETH where i marked the highly possible scenario and after the collection of liquidity price grown by 33% and almost reach our second target✅$1500. It's all thanks to trendline breakout strategy.
🚩A lot of traders starts to talk about the bearish patterns on ETH chart. Each pattern has it`s own win rate. The bearish patterns at the market bottoms have 5-10% win rate and bullish patterns have 90-95%. So it`s better to look for🔥bull patterns.
Finnaly, don`t be greedy when others buy and don`t be scared when other sells. You just need to have your own trading strategy💹 with clear and simple rules to make a profit. Bull market help every newbee to trade profitable.
🏁Traders, check the links and watch free videos if you want to know more about trendline breakout strategy: how to trade it, how to identify manipulations to open a trade with the whales and set right sl and tp.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
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.