Ethereum / ETHUSD is under heavy pressure since the early December (2024) High and this week almost touched the 12 month Falling Support.
Even though that's devastating news for short term traders, long term holders may remain bullish just by looking at Bitcoin's 2018-2021 Cycle, which ETH has been repeating very closely.
A rebound on the Falling Support caused a massive breakout above the Falling Resistance and BTC rallied to the 1.618 Fibonacci extension.
In our opinion we can target at least $8000 on this Cycle.
Follow us, like the idea and leave a comment below!!
Even though that's devastating news for short term traders, long term holders may remain bullish just by looking at Bitcoin's 2018-2021 Cycle, which ETH has been repeating very closely.
A rebound on the Falling Support caused a massive breakout above the Falling Resistance and BTC rallied to the 1.618 Fibonacci extension.
In our opinion we can target at least $8000 on this Cycle.
Follow us, like the idea and leave a comment below!!
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.