-TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates
ETHUSD: >100% YTD gains, UPSIDE still 100%+ (NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage.
I want to keep this update short/simple for everyone.
🔸 Summary and potential trade setup ::: ETHUSD weekly chart review and outlook ::: ETH is leading the market this year (with XTZ) ::: YTD gains so far >100% already, another 100% possible ::: heavy accumulation in progress on weekly chart ::: 870 days long, so upside can be MASSIVE from here ::: recommended strategy: BUY/HOLD and accumulate ::: TP1 is 425 USD TP2 is 485 USD max TP is 525 USD ::: likely getting hit next few months ::: 100% gains possible/likely from here ::: BUY/HOLD and you will get rewarded ::: dips/pullback possible? YES, but ONLY BUY INTO DIPS! ::: good luck traders 🔸 Supply/Demand Zones ::: dem/supp N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment short-term: BULLS ::: Sentiment outlook mid-term: BULLISH
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ETH one of the few coins that actually got a strong catalyst behind it.
Ethereum 2.0 developers released the specifications for the “official” testnet on Wednesday, ahead of a presumed end-of-year launch. The testnet will begin August 4 and has been named “Medalla” after the Buenos Aires metro stop.