HYPOTHETICAL SCENARIO THAT WILL PLACE ETH AT 6240$ IN OCTOBER. ETH SHOWED US THAT IT LOVES TO PERFORM AND EXECUTE PERFECT W PATTERNS DURING THIS LAST BULL RUN.
TIME IS ON OUR SIDE.
IN THE GRAND SCHEME OF THE MARKET CYCLE I CAN CLEARLY SEE THAT A 10K IS INEVITABLE, FIRST WE NEED TO BREAK THIS DOWNTREND, AND IN MY OPINION BY A FUNDAMENTAL REASON (EIP1559) IN JULY WE WILL HAVE A NICE MOMENTUM SHIFT THAT COULD LEAD US TO A RETEST OF THE ATH, ONCE THE ATH BECOMES SUPPORT AS A NECKLINE OF A W PATTERN IN ONLY A MATTER FEW MONTHS WE CAN SEE THE PRICE AIMING 6/7K EASILY.
OBVSL THIS TRADE CAN BE VALID IF AND ONLY $BTC HAVE A NICE RECOVERY AND IT GETS BACK ON TRACK FOR PURSUIT ITS ATH. HOPEFULLY AT LEAST 1 OF THE 11 ETF PROPOSALS WILL BE APPROVED.
THERE ARE CURRENTLY 6 IN REVIEW.
TRADE RESPONSIBLY. NOT FINANCIAL ADVICE.
IF YOU LIKE THE ANALYSIS DON'T FORGET TO LIKE AND FOLLOW ME FOR MORE CONTENT IN THE CRYPTOSPACE.
TIME IS ON OUR SIDE.
IN THE GRAND SCHEME OF THE MARKET CYCLE I CAN CLEARLY SEE THAT A 10K IS INEVITABLE, FIRST WE NEED TO BREAK THIS DOWNTREND, AND IN MY OPINION BY A FUNDAMENTAL REASON (EIP1559) IN JULY WE WILL HAVE A NICE MOMENTUM SHIFT THAT COULD LEAD US TO A RETEST OF THE ATH, ONCE THE ATH BECOMES SUPPORT AS A NECKLINE OF A W PATTERN IN ONLY A MATTER FEW MONTHS WE CAN SEE THE PRICE AIMING 6/7K EASILY.
OBVSL THIS TRADE CAN BE VALID IF AND ONLY $BTC HAVE A NICE RECOVERY AND IT GETS BACK ON TRACK FOR PURSUIT ITS ATH. HOPEFULLY AT LEAST 1 OF THE 11 ETF PROPOSALS WILL BE APPROVED.
THERE ARE CURRENTLY 6 IN REVIEW.
TRADE RESPONSIBLY. NOT FINANCIAL ADVICE.
IF YOU LIKE THE ANALYSIS DON'T FORGET TO LIKE AND FOLLOW ME FOR MORE CONTENT IN THE CRYPTOSPACE.