Arrows and timescale is for demo only. This is just an overview of the ETHUSD long term trend. Another bear market buying opportunity presents itself. Same as in my linked predictions from last bear market cycle, where we made 10x, ETH is now in a position to start accumulating with no stop loss. Next cycle ETH will likely hit 10k. Todays price represent an okay risk reward ratio, however same as BTC, ETH will likely go down in short term. Look to place new longs from 17k-13k or lower, in a ladder in position. First buy should be the smallest. Use the mindset, higher price higher risk lower allocation, lower price lower risk higher allocation. Do not over position yourself and look to spread the buys out over many trades and average down, best of luck.
