weslad
Long

Ethereum strong Bullish momentum in the making

BINANCE:ETHUSDT   Ethereum / TetherUS
Hey guys

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 trendline we can see we already break through the CORRECTIVE TRENDLINE shown in RED this trigger a Phase of Impulsive move.(Sign of Bullish Moment)


2. There was this ASCENDING triangle 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 Bullish Moment)


3. Price moving in a bit form of parabolic with price breaking through the Bearish Parabolic to start Bullish 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 Bullish parabolic curve towards the leg of wave 5. price also shown a breakout from falling wedge on daily timeframe .


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 Bullish trend 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
Possible Support LEVEL
SELL TARGETS

Do know that I appreciate your effort and the time spend in reading and watching my posts and Please leave a LIKE and FOLLOW us for more updates.

Thank you
Trade active
Trade active: We have pattern still holding good, we should expect some meaningful pump soon on ETHUSD

Trade active: Market still holding good and going as expected. We keep holding our long for better profit.

Trade active
Trade closed: target reached: Price crushed first target
Trade active
Trade active
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The rocket is gone !. Just wait for the FOMO and sell in the face of sadinhas. Great work. We go together. Because together we are stronger!
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Nice work, I think for now we will have 1 more move AT LEAST to break the recent lows.
Here is my idea which follows a down move that I will be posting soon:
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weslad apdodog
@apdodog, thanks for sharing your view with us
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weslad apdodog
@apdodog, thanks for sharing your view with us
Reply
Good job!
I have another view because tha price is under S&R Zone now
Reply
weslad Yuriy_Bishko
@Yuriy_Bishko, thanks for sharing your view with us
Reply
but here's another quick take of ETH...

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