ETHUSDT Long term bullish confirmed!
已更新
Please drop a like if you agree or see this as helpful. ***I will not be accountable for your losses but if you gain send me some plz ;)***
1 ) Strong confirmation above the 20MA showing price strength.
2 ) Consolidation directly under the 20MA as expected due to previous occurrences on the weekly chart.
3 ) RSI Looking to break the down trend and continue toward overbought which in turn provides us large green price movement as shown in the other bullish runs.
Extra DD ) With bitcoin also looking to break into another bull run we will see a large spike in volume in alt coins especially larger alts as Ethereum. I'm going to be putting my capital in on the next pullback (through consolidation or red days) toward the 20MA as shown on the chart in yellow.
With all of this I'm expecting a return of around 113% and will be watching for a rejection of the last high (366$) and will be stopping myself out when we're shown bearish indications. But due to the bitcoin halving and the high probability it will be going up and through 20k waiting isn't a bad idea. 4000% returns like the previous bull run are highly likely and will be netting upwards of 4000% long term.
If you have opposing TA please let me know in the comments I'd like to chat about other possibilities :).
Thank you for your time & happy trading!
1 ) Strong confirmation above the 20MA showing price strength.
2 ) Consolidation directly under the 20MA as expected due to previous occurrences on the weekly chart.
3 ) RSI Looking to break the down trend and continue toward overbought which in turn provides us large green price movement as shown in the other bullish runs.
Extra DD ) With bitcoin also looking to break into another bull run we will see a large spike in volume in alt coins especially larger alts as Ethereum. I'm going to be putting my capital in on the next pullback (through consolidation or red days) toward the 20MA as shown on the chart in yellow.
With all of this I'm expecting a return of around 113% and will be watching for a rejection of the last high (366$) and will be stopping myself out when we're shown bearish indications. But due to the bitcoin halving and the high probability it will be going up and through 20k waiting isn't a bad idea. 4000% returns like the previous bull run are highly likely and will be netting upwards of 4000% long term.
If you have opposing TA please let me know in the comments I'd like to chat about other possibilities :).
Thank you for your time & happy trading!
注释
Also I realize I accidentally used POLINEX instead of BINANCE but the long time frame should remove any redundancy.注释
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