ETH weekly target levels if this happens
Hey traders,
When we take a step back we see things clearly.
On the weekly chart we can establish the following facts:
- Price is in an accumulation pattern (high volume tests on the downside, low volume on the upside)
- Descending trendline confluent with 0.33 offering strong overhead resistance
- A target that is more than viable , also a confluence between an order block and the 0.66.
This update isn't meant to say that we will go up now , not at all . Look at it as a "certified" long term strategy that is based on the IF THIS THEN THAT assumption.
When we take a step back we see things clearly.
On the weekly chart we can establish the following facts:
- Price is in an accumulation pattern (high volume tests on the downside, low volume on the upside)
- Descending trendline confluent with 0.33 offering strong overhead resistance
- A target that is more than viable , also a confluence between an order block and the 0.66.
This update isn't meant to say that we will go up now , not at all . Look at it as a "certified" long term strategy that is based on the IF THIS THEN THAT assumption.
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