Thanks for the hand of love you guys shown on my last Bitcoin post, I so much appreciate that, just as promised here is my current and basic view about Ethereum . I put this also in some basic sections this will give us to have clearer view of all what I have to say.
let get to it fast:
1. Looking on only we can see we already break through the CORRECTIVE shown in RED this trigger a Phase of Impulsive move.(Sign of Moment)
2. There was this that got breakout around April this year right now we have price re-testing the zone and its already showing a good bouncing momentum. (Sign of Moment)
3. Price moving in a bit form of parabolic with price breaking through the Parabolic to start Parabolic and each time this parabolic break price has shown a re-test property. With this view we have high possibility of price rising up to re-test the parabolic curve towards the leg of wave 5. price also shown a breakout from on .
4. Lastly its a hidden Inverse Head and Shoulder pattern that show a gigantic targets towards 1400$. This pattern was observed on 3days chart which make it more likely to occur.
In all these I believe we have very strong ahead of us but we must consider WHALEs game of frustration before they let the price go to its intended direction.
Best action to keep safe is to have a solid trading plan and stick to them with proper stop loss in place.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY ZONE
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