In a previous idea, I had closed my profit taking trade at $4206.9. 4hr candles rejected a shooting star and looks to complete the week eyeing 4.5k.
Price action has flown way off fast EMAs on daily, 3-day, and weekly, and ideally support needs to be shown from 3.8k.
As ETH digests it's gains before flying to price discovery planets, the coming weekend/week might show milder action after some profit taking by those brave enough to spot and "buy the dip" (my first entry was at $1800 after May 19). With high leverages available to the likes of me, massive gains has been enjoyable as they have been.
My most optimistic prediction by end of Q1 2022 for ETH would be ~$12000, too fast and you'll see a correction.
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Sellers at ATH, well done bulls, enjoy gains and see you back at 3.8-3.9K.