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jakebut123
Nov 30, 2021 12:20 AM

Eth to $14000 Long

Ethereum / U.S. dollarBitstamp

Description

This is my analysis on Eth, comparing it to the 2017 cycle, during the period of Nov/Dec 17, price formed similar structure as to current price action.
There were previous rejections as resistance(Blue box), price broke above making a higher high. it then pulled back to the previous resistance as support(Green box)

Price then proceeded to go up 260% at the top. On 08/01/2018 the top was in. Now it is one week earlier, it is 22nd Nov is the current retest.

See Charts attached below.







https://www.tradingview.com/x/kdgSEry3/


Hope you enjoy!
Comments
Whutwhut
Well wouldn't that be a Christmas Miracle.
jakebut123
@mel3078, yes indeed haha
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