Time for some $ETH HTF outlook!!
Let's keep this simple!
#ETH is just repeating the same pattern over and over again; pump - dump - sideways (repeat) ♻️
Timeframe just gets longer and longer ⏳
#ETH is now sitting at the top of our logarithmic support with the weekly RSI in uptrend -> the next impulse higher should initiate soon
Absolute minimum target is approx 9K 🎯
(side note: expecting 14K)
It would be the 1.618 extension of 2017 cycle (we never reached it in 2021) and full extension of 2015 cycle! Both these targets should be met with structure like this! (imho)
MM's twisted this PA like maniacs this cycle and everyone got washed away but it's not actually that different from past cycles. We just wanted to go to the moon earlier than the structure allowed.
This is not a trade call but to give you a broader perspective for this "silver" of #cryptomarket
Let's keep this simple!
#ETH is just repeating the same pattern over and over again; pump - dump - sideways (repeat) ♻️
Timeframe just gets longer and longer ⏳
#ETH is now sitting at the top of our logarithmic support with the weekly RSI in uptrend -> the next impulse higher should initiate soon
Absolute minimum target is approx 9K 🎯
(side note: expecting 14K)
It would be the 1.618 extension of 2017 cycle (we never reached it in 2021) and full extension of 2015 cycle! Both these targets should be met with structure like this! (imho)
MM's twisted this PA like maniacs this cycle and everyone got washed away but it's not actually that different from past cycles. We just wanted to go to the moon earlier than the structure allowed.
This is not a trade call but to give you a broader perspective for this "silver" of #cryptomarket