💲Ethereum Last Chance
💲Is this the last chance to buy ETH below $1200?
💲It seems so.
💲Looking at the technical situation and the months-long accumulation around $1200.
💲We are slowly running out of strength to continue declines.
💲At least to make new lows.
💲There is no longer a willingness to resell ETH at lower prices.
💲Looking at the price action environment and technical analysis indicators, there is a good chance of ETH breaking out above $1200 in the next few weeks.
💲I have set a support zone near the levels that have been a strong barrier difficult to break through.
💲The nearest strong resistance zone is around the 0.618 level of the entire upward wave from the bottom to the recent local peaks.
💲The scenario I am playing out is to wait for the start of a new wave of Ethereum strengthening. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
💲Is this the last chance to buy ETH below $1200?
💲It seems so.
💲Looking at the technical situation and the months-long accumulation around $1200.
💲We are slowly running out of strength to continue declines.
💲At least to make new lows.
💲There is no longer a willingness to resell ETH at lower prices.
💲Looking at the price action environment and technical analysis indicators, there is a good chance of ETH breaking out above $1200 in the next few weeks.
💲I have set a support zone near the levels that have been a strong barrier difficult to break through.
💲The nearest strong resistance zone is around the 0.618 level of the entire upward wave from the bottom to the recent local peaks.
💲The scenario I am playing out is to wait for the start of a new wave of Ethereum strengthening. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 www.t.me/Investmatez 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 www.t.me/Investmatez 💲
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