ETH is looking very, very strong — there’s a powerful accumulation globally, and to me, it looks extremely bullish. We’re seeing both higher lows and a squeeze toward the $4,400 level. A breakout could be massive.
BUT since the short signals on Bitcoin (wedge + divergence) haven’t played out yet, according to my trading rules, I have no right to even look at longs.
Key support zone: $2,000–2,200.
We could drop to $1,500, but it’s crucial to hold above $2K.
I’m waiting to go long on ETH for the long term — getting the capital ready :)
The potential up to $20,000 is on the table — making a 10x wouldn’t be bad at all.
BUT since the short signals on Bitcoin (wedge + divergence) haven’t played out yet, according to my trading rules, I have no right to even look at longs.
Key support zone: $2,000–2,200.
We could drop to $1,500, but it’s crucial to hold above $2K.
I’m waiting to go long on ETH for the long term — getting the capital ready :)
The potential up to $20,000 is on the table — making a 10x wouldn’t be bad at all.
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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.