Ethereum has experienced nearly identical scenarios across three distinct market cycles.
• 🔓 Major Resistance is breaking
• 🔁 Before Running Retest
• 💥 And then Parabolic run
We are currently in the third cycle, and Ethereum has again tested the same horizontal level. In the previous two cycles, this movement was followed by a parabolic run.
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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.