Ethereum Bull Run Analysis & Commentary
- Ethereum is currently trading at 3204$ and has breached all recent swing lows
- Structurally Ethereum looks all set to purge way higher in the upcoming weeks
- Ethereum is up 30% this week for all those faithful holders, ethereum has finally started moving impulsively and all the patience was worth it
- Technically, I see ETH reaching 3400-3600$ soon and post that I would like to see how ETH reacts from that zone.
1) Scenario 1 - Lock in partials around 3400-3600 and deploy the same partials when you see ETH dipping back to fill the FVGs around 2800-3000$
2) Scenario 2 - You let you position run and lock in partials around 4000$ and deploy your gains when you see ETH dipping back to 3500$ and second deploy around 3000$
- My bull run conservative target for Ethereum is 8000$ minimum anything above that is a gift
- Structurally Ethereum looks all set to purge way higher in the upcoming weeks
- Ethereum is up 30% this week for all those faithful holders, ethereum has finally started moving impulsively and all the patience was worth it
- Technically, I see ETH reaching 3400-3600$ soon and post that I would like to see how ETH reacts from that zone.
1) Scenario 1 - Lock in partials around 3400-3600 and deploy the same partials when you see ETH dipping back to fill the FVGs around 2800-3000$
2) Scenario 2 - You let you position run and lock in partials around 4000$ and deploy your gains when you see ETH dipping back to 3500$ and second deploy around 3000$
- My bull run conservative target for Ethereum is 8000$ minimum anything above that is a gift
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