Ethereum Accumulation before the bump?๐ฒ
์
๋ฐ์ดํธ๋จ
๐ฒEthereum Accumulation before the bump?
๐ฒThis post is a direct continuation of my previous post:
๐ฒFrom what we can see we are in a triangle of accumulation.
๐ฒThe support zone has been defended again, it stems from the 0.618 level of the upward wave after the breakout.
๐ฒAhead of us we find strong resistance which stems from the level 1.618 of the correction of the upward impulse and 0.618 of the entire downward wave.
๐ฒI am very curious if the support zone will be defended and we will not see new lows.
๐ฒA fact worth noting is that the major US indices are falling and the relatively cheap cryptocurrencies are not reacting to these declines but are still in accumulation
๐ฒThe scenario I am playing out is a continuation of the upside with a final breakout from the cumulative triangle to break out to the resistance zone.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐
๐ฒThis post is a direct continuation of my previous post:
๐ฒFrom what we can see we are in a triangle of accumulation.
๐ฒThe support zone has been defended again, it stems from the 0.618 level of the upward wave after the breakout.
๐ฒAhead of us we find strong resistance which stems from the level 1.618 of the correction of the upward impulse and 0.618 of the entire downward wave.
๐ฒI am very curious if the support zone will be defended and we will not see new lows.
๐ฒA fact worth noting is that the major US indices are falling and the relatively cheap cryptocurrencies are not reacting to these declines but are still in accumulation
๐ฒThe scenario I am playing out is a continuation of the upside with a final breakout from the cumulative triangle to break out to the resistance zone.
๐If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.๐
๋
ธํธ
Ready for a bump?๋
ธํธ
ETH getting closer to breakout
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๐ฒ To keep up to date with all my activities I invite you to visit my Telegram ๐ฒ
๐ฒ t.me/Investmatez ๐ฒ
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