ETH, recent pump barely scratching the surface MASSIVE MOVE NEXT

Updated

ETH recent pump was an indication of things to come -- good things.

The coin went from 1700 to 1900 within 72 hours -- indicating that a longer shifting trend is about to materialize. Based on recent news, low supply of ETH is being detected on most exchanges depicting a bullish scenario for the coin.

On weekly data, new higher lows was created both on Histogram and pricing -- conveying the recent ascend with the current price range to be the new base for the incoming significant price growth.

Weekly data price movement volatility has been on the conservative side hinting that for every higher low it established -- it is creating a solid support range.

On Tri monthly data -- it is hinting of the same bullish continuation scenario. Surging price valuation on longer time spectrum. A bubble up volume has finally appeared after 5 months of waiting, last one was on January 2023.

Expect significant price valuation for ETH in the next coming weeks.

The weekly chart is too clean, direction is certain -- no further explanation needed.

Spotted at 1850.

TAYOR
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NEXT TARGET: 2400

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DARVAS BOX THEORY : Any break of darvas box confinity will send price to new FIB support line above -- for ETH, next target will be 2100 range.

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MACRO VIEW: WEEKLY DATA - A breakout happened - 2k in order.

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So far so good.
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Out of Darvas box, next target is 2k+
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4H Descending trendline break.
Consistent Higher lows formation.

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Weekly data update:

First set of BULK NET BUYS / Long Accumulators are IN based on weekly data. (Red bar on the bottom indicator)

First time since July 2023. Sign of (good) things to come.

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TAYOR.
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Too discounted to be missed.
Bottomfish opportunity alert.

Spotted at 1550.

TAYOR.
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Congrats holders. Nice growth from 1550:)

...............................

Now on 4H, ETH is re-attempting to revisit previous peak. Let's how further it can take it.

TAYOS.
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moved according to plan
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ETH preppin to retest 2100 levels based on 4h data:

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ETH eyeing 2200 based on daily metrics.

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ETH about to enter the HEAT ZONE.

A strong squeeze maybe expected if it breaks.

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THE DAILY GRIND of ETH.

Recent daily price metrics is conveying that we are now at the pre-surge area . ETH is inching closer to the heatzone levels -- where most net longs converge.

TAYOR.
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ETH is hovering near the upper channel with upside momentum picking up aggressively.

This is preppin for a strong break.

TAYOR.

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We are now at the accumulation zone -- a short squeeze attempt maybe in order soon.

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No other direction but ascend.

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Daily data update.

moving based on expectation.

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From our last update last February this has surged generously. Congrats holders. :)

Now, ETH is setting up another upside round with interim target set at 4400.

TAYOR.

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HEATZONE TOUCH / BREAKOUT.

READY FOR 4K++ AGAIN.

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WE ARE NOW AT THE BREAKOUT ZONE.

Expect some strong short squeeze from the current range.

TAYOR.

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ETH ready for about to break structure.
Target set at 4k++

TAYOR.

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Daily data update:

We finally got the elusive BREAKOUT based on our daily data metrics.
Ascend journey to 4k has commenced - with a possible new breakout / new rise off it on that peak range.

TAYOR.

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4H data update:

ETH is moving based expectation. After breakout, it touches back to the higher breakout point base -- an upside continuation will ensue after this.

Expect another surge from the current range.

TAYOR.

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Perfect.
The short squeeze yesterday was more or less expected after it touched the resistance-turned-support line.

Now, based on recent metrics. This has entered capitulation already. Expect series of ascend from here one.

3k is our new baseline.
Interim target set at 4200 -- may go beyond more from that peak once broken.

TAYOR.

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Daily data update:

ETH registered its first breakout after more than 8 weeks.
Good sign. This maybe preppin for a strong short squeeze soon back to 4k.

TAYOR.

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And it happened.
Congrats holders.
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ETH momentum is strengthening ahead of anticipation of an ETF approval.

Base on long term data, a short squeeze to 5k from the current range of 3.7k is already set.

10k target by end of year will not be far fetched

TAYOR.

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Based on the latest intraday data this is firm on re-breaking 4k levels soon.
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After waiting for over 9 weeks, we finally got the most important signal.

This is already a confirmation.
RISE ahead.

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Impeccable show of strength by ETH. Yesterday's pump was a confirmation of this.

It looks like an attempt to break the peak resistance is now in order -- en route to 5k soon.

TAYOR.

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Momentum is building up.
This will week will be big -- it may seem.
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It has now entered the heatzone. You know what to expect.
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Fresh attempt by ETH on 4h, persistent to tap on 4k price target.

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Daily data update:

Bulls are close to exiting the bear cell today. A pre-surge signal will be active soon. Once cleared a strong momentum en route to 4.5k maybe expected.

Spotted at 3.7k

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Momentum is building up gradually on this one.

A strong short squeeze maybe in order anytime now.

TAYOR.

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4H data update:

ETH is already itching on tapping 4k real soon.

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DAY 1 of OPERATION 5K has started for ETH.

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Daily data update:

ETH has been consistently creating upside stair case / higher lows base.

Expect an increase chance of a strong squeeze up in the next few days.

TAYOR.

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DAILY DATA UPDATE:

ETH is back at its' strong major order block support at 3600.
There is a high probability of a good bounce from here on targeting 3900 levels.

TAYOR.

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Daily data update:

ETH is inching closer to "Bow-Arrow Trigger" event as it nears the heatzone / breakout zone.

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Spotted at 3480
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ETH weekly data update:

ETH is touching base on its strong ascending trendline support with precision.

The probabilities are high now.

3.3k.


TAYOR.

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ETH exhibiting the same DNA / behavior as the last surge from 2.9k to 4.2k.

Now we are close to that execution time once again.

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Long term data update: 6 months:

ETH is respecting its strong ascending support key line since October 2023.

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SURE thing.
5K bound it is after that massive breakout.

Spot at 3.5k

TAYOR.

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Daily data update:

ETH is depicting a 'maximum pessimism curve line' on daily. When this appears, this usually follows a massive breakout ahead.

Spotted at 2600.

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Daily data metrics update:

ETH is about to breakout on its ''maximum pessimism'' curve line. An event would trigger a series of stair up ascends till 4k zone.

Spotted at 2.7k

TAYOR.

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The future dance steps of ETH -- based on evaluation of current metrics.

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chart above is weekly data. the others before it are daily.
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IMPORTANT ALERT!

Strong BUY at current levels!

ETH just executed a BIG BEND signal on its ultra long term metrics. First one in eons.
This is hinting of massive shift and reversal to the upside already -- with target of 4k and beyond from here on.

And it starts this month, September.
Start seeding now.

Spotted at 2400.

TAYOR.

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Long term data metrics update:

ETH just tapped on an important 61.8 FIB level OB on its tri monthly chart.

This is a massive pre-surge hint already.

This couldn't get any more precise.
Clean setup. Bargain discounted price.
Perfect time to SEED.

Spotted at 2200.

TAYOR.

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So far so good from our last spot from september 16.

ETH surged more 10% from 2280 to 2640.

Congrats holders.

For todays assessment -- price ascend continuation would be expected from the latest price behavior.

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STRONG BUY / HOLD on ETH.

We are moving to 3k soon next with high certainty.

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