ETH recent pump was an indication of things to come -- good things.
The coin went from 1700 to 1900 within 72 hours -- indicating that a longer shifting trend is about to materialize. Based on recent news, low supply of ETH is being detected on most exchanges depicting a bullish scenario for the coin.
On weekly data, new higher lows was created both on Histogram and pricing -- conveying the recent ascend with the current price range to be the new base for the incoming significant price growth.
Weekly data price movement volatility has been on the conservative side hinting that for every higher low it established -- it is creating a solid support range.
On Tri monthly data -- it is hinting of the same bullish continuation scenario. Surging price valuation on longer time spectrum. A bubble up volume has finally appeared after 5 months of waiting, last one was on January 2023.
Expect significant price valuation for ETH in the next coming weeks.
The weekly chart is too clean, direction is certain -- no further explanation needed.
Spotted at 1850.
TAYOR Safeguard capital always
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NEXT TARGET: 2400
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DARVAS BOX THEORY : Any break of darvas box confinity will send price to new FIB support line above -- for ETH, next target will be 2100 range.
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MACRO VIEW: WEEKLY DATA - A breakout happened - 2k in order.
First set of BULK NET BUYS / Long Accumulators are IN based on weekly data. (Red bar on the bottom indicator)
First time since July 2023. Sign of (good) things to come.
TAYOR.
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Too discounted to be missed. Bottomfish opportunity alert.
Spotted at 1550.
TAYOR.
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Congrats holders. Nice growth from 1550:)
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Now on 4H, ETH is re-attempting to revisit previous peak. Let's how further it can take it.
TAYOS.
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moved according to plan
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ETH preppin to retest 2100 levels based on 4h data:
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ETH eyeing 2200 based on daily metrics.
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ETH about to enter the HEAT ZONE.
A strong squeeze maybe expected if it breaks.
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THE DAILY GRIND of ETH.
Recent daily price metrics is conveying that we are now at the pre-surge area . ETH is inching closer to the heatzone levels -- where most net longs converge.
TAYOR.
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ETH is hovering near the upper channel with upside momentum picking up aggressively.
This is preppin for a strong break.
TAYOR.
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We are now at the accumulation zone -- a short squeeze attempt maybe in order soon.
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No other direction but ascend.
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Daily data update.
moving based on expectation.
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From our last update last February this has surged generously. Congrats holders. :)
Now, ETH is setting up another upside round with interim target set at 4400.
TAYOR.
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HEATZONE TOUCH / BREAKOUT.
READY FOR 4K++ AGAIN.
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WE ARE NOW AT THE BREAKOUT ZONE.
Expect some strong short squeeze from the current range.
TAYOR.
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ETH ready for about to break structure. Target set at 4k++