Smogster

Ethereum Q4 Update

Long
BITFINEX:ETHUSD   Ethereum
What a time to be in the Crypto space! As BTC broke All-Time High, we will be seeing Ethereum breaking his anytime now. After following by an upside move at least to 4,400 that is where the next resistance is at. This move will cause the 3rd phase of the crypto upside cycle, Bringing the Altcoin space to new highs with large profits. Q4 is coming fast be ready and have a strategy in mind.

If you haven't done so please take a minute to see my accessing channel and how Ethereum has been respecting it, see how the Moving averages are simply carrying Eth upward making it less overpriced to more stable prices, which is good and healthy.

You can now observe Eth is trying to break the 4000 level. for the 3rd time, it is piercing. This resistance is now getting extremely weak, when it does like I said it is a trade opportunity toward the 4,400 lvl.


As now BTC broke ATH we are in discovery mode. there will be resistance at 70k lvl and 4,000 lvls
As I stated on Aug 9 in the analysis above. We are still in a bull run. I expect it to last until the end of the year, before hard correction. . If you want too long I would long ETH or other Alts such as ADA BNB. Please show support and stay posted for updates. I will be bringing more exciting trends and analysis ASAP

Smogster...

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.