Recession within 2-3 years to revisit the lower bounds of the formation into the long awaited break out above previous high. Fairly low risk to buy into this heavily in roughly 2 years
Looks like we'll get consolidation at best. The defi setback hurt ETH disproportionately. No reason to buy or play any bounces unless this is the mother of all bear traps.
Buy this when it's low. REALLY low. And then don't sell no matter what happens from there. ETH is now a moonshot like shitcoins were, and shitcoins will never recover.
Just look at this. So beautiful.
There is no room for a big move to the downside unless ETH just straight up dies, so this can only mean 1 thing.
Don't leverage. Buy spot. Be patient when this thing wallows at these levels or even lower for weeks. We're looking to test the DCB from ATH levels of $800 or $900 sometime this or early next year.
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Very simple. Turn on bbands, put the candles to weekly and be amazed. Extremely tight bands = explosive move EVERY time. We should see .08 this year without an issue. No need to overthink this. Bitcoin halvening and ETH 2.0 will easily support this movement.
Currently overbought to much too high degree. In my personal opinion the last good time to fomo was in...
Should happen even if ETH starts correcting, unless it's a drastic correction that takes us below $180 within a day or two.
This signal has served to bring outsized gains virtually every time in the crypto space.
For corrections, it's been a fairly steep runup so expect a halfway decent drop and perhaps a bounce off of orange trendline
All in all, EXTREMELY...
