ETH is on a path to $3,000. We found support on our previous ATH (at $1,400) and now we are pumping ever since. Bullish.
ETH like BTC (see my idea below) is posed to pump and explore a new high and the most likely target in March is... $3,000!
The Fib lines perfectly align with this as well, therefore, I expect ETH to make some quick gains once we move beyond $2,000. Last time this level rejected us as indicated by the yellow arrow, will this happen again? We will have to find out, but what is certain is that the market and ETH are very bullish, therefore any new rejection at $2,000 will be short lived before we pump.
Bias is very bullish and this move is supported by the indicators, on MACD we crossed on the positive side and this should last us for a while, RSI still to reach overbought region on daily... plenty of room to go higher... only thing missing is volume. Here BTC looks better, so it seems there is more interest in BTC at the moment on the buy side, but ETH will have its turn, not to worry.
Price action is also looking great with a nice re-test of support at $1,762. This latest daily candle even if red, is bullish! Lets see how we close.
Enjoy the profits to come!
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
ETH like BTC (see my idea below) is posed to pump and explore a new high and the most likely target in March is... $3,000!
The Fib lines perfectly align with this as well, therefore, I expect ETH to make some quick gains once we move beyond $2,000. Last time this level rejected us as indicated by the yellow arrow, will this happen again? We will have to find out, but what is certain is that the market and ETH are very bullish, therefore any new rejection at $2,000 will be short lived before we pump.
Bias is very bullish and this move is supported by the indicators, on MACD we crossed on the positive side and this should last us for a while, RSI still to reach overbought region on daily... plenty of room to go higher... only thing missing is volume. Here BTC looks better, so it seems there is more interest in BTC at the moment on the buy side, but ETH will have its turn, not to worry.
Price action is also looking great with a nice re-test of support at $1,762. This latest daily candle even if red, is bullish! Lets see how we close.
Enjoy the profits to come!
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
