As Etherum starts ascending after my long term target of $1500 was reached, i'm starting to look towards levels to the upside that I'm interested in.
My primary thesis is truthfully reaching $2700 before we see any meaningful rejection, but i'm always open to alternative ideas.
I'm noticing an area of strong resistance around $1900 on Ethereum- a high volume node and fibonacci golden pocket are perfectly aligned around this area. Again, my primary thesis assumes we eventually break this level, even if we temporarily reject- but I can certainly see it being possible that this rejection turns into something much more significant.
IF we reject from $1900 and see a sharp correction, with no indication of strength, and we eventually break under the current recent lows of $1530- I will certainly be expecting this scenario to play out. My long term target for this thesis lies right around $1250.
Happy Hunting!
Targets-
scenario 1: $2700
scenario 2: $1900 Rejection--> $1250
My primary thesis is truthfully reaching $2700 before we see any meaningful rejection, but i'm always open to alternative ideas.
I'm noticing an area of strong resistance around $1900 on Ethereum- a high volume node and fibonacci golden pocket are perfectly aligned around this area. Again, my primary thesis assumes we eventually break this level, even if we temporarily reject- but I can certainly see it being possible that this rejection turns into something much more significant.
IF we reject from $1900 and see a sharp correction, with no indication of strength, and we eventually break under the current recent lows of $1530- I will certainly be expecting this scenario to play out. My long term target for this thesis lies right around $1250.
Happy Hunting!
Targets-
scenario 1: $2700
scenario 2: $1900 Rejection--> $1250
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.
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.