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ThawonP
Jan 10, 2021 6:05 PM

Ethereum New ATH's Long

Ether / United States DollarCoinbase

Description

+ETH has been insane lately and the question is now where to re-enter.

+If we take a look at the Daily we see a resistance at $1365 that ETH failed to wick last night.

+$1365 is the last weekly level before ATH.

+Let's keep in mind that many people are foaming in after a 121% jump in 18 days.

+Market makers realize this and will mess with your heads but wicking it down and scam wicks.

+Just alone tis week we've seen 2 scam wicks

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+Stopping out longs as we continue to laddering up thats what the market makers are doing.

+For ETH to continue to pump we have to day a daily and 12 hour close above that $1290

+Closing above $1290 would allow ETH to have Its first touch at the $1365 level

+Weekly close is In about 6 hours keep in mind we'll have to paint the bottom wick somehow so I dont expect for us to just pump right after close.

+Longterm Holders just hold your bags tho its about to PUMP



Comments
DotcomJack
Nice read!
wytewonder
yup that's why i sold upper 1200s, yea I could of made a few more S but ive been in since 100$ but I am watching because I see a big pullback coming when we hit 1400 and more big money manipulations and then take off to new ATH
amjadarchi
nice view
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