InvestMate|Ethereum Attention we are striking out📈
📈Ethereum Attention we are striking out.
📈As I wrote in a previous post about future rises on Ethereum, I was not wrong. We were in the perfect place to start the breakout. Link to the post below:
📈As you can see in the chart we have managed to break out of the triangle in the direction I have been writing about for a long time now, i.e. the top.
📈The strong support zone held the price and there was an audacious breakout from the accumulation that had been going on for several days.
📈The target for this moment I put resistance around a very strong cluster of fibo levels and a 1:1 correction. First we have the 0.618 level of the entire downward wave, then the outer 1.618 level of the entire downward correction and finally the 1:1 level of the largest upward wave of the current upward impulse.
📈All as always clearly described on the chart.
📈The scenario I'm playing out is a continuation of the uptrend northwards with a final target around resistance at which I would expect some sort of correction.
📈*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
📈As I wrote in a previous post about future rises on Ethereum, I was not wrong. We were in the perfect place to start the breakout. Link to the post below:
📈As you can see in the chart we have managed to break out of the triangle in the direction I have been writing about for a long time now, i.e. the top.
📈The strong support zone held the price and there was an audacious breakout from the accumulation that had been going on for several days.
📈The target for this moment I put resistance around a very strong cluster of fibo levels and a 1:1 correction. First we have the 0.618 level of the entire downward wave, then the outer 1.618 level of the entire downward correction and finally the 1:1 level of the largest upward wave of the current upward impulse.
📈All as always clearly described on the chart.
📈The scenario I'm playing out is a continuation of the uptrend northwards with a final target around resistance at which I would expect some sort of correction.
📈*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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