$ETH TRENDLINE SINCE COVID CRASH IS ABOUT TO FAKEOUT HARD 🎯
Target: $5,000+ 🚀
This trendline has held since March 2020 — over four years of structure. A fakeout below it would likely trap sellers before a violent reversal higher. The momentum shift is visible on the weekly RSI: it just reclaimed 50 after months below, exactly the kind of alignment that preceded the 2021 leg.
$5K+ remains the long-term target. The question is whether you're positioned for the shakeout or the breakout.
Not financial advice. Always manage your risk.
#ETH #Ethereum #Fakeout #LongSetup #Crypto
🎯
Target: $5,000+ 🚀
This trendline has held since March 2020 — over four years of structure. A fakeout below it would likely trap sellers before a violent reversal higher. The momentum shift is visible on the weekly RSI: it just reclaimed 50 after months below, exactly the kind of alignment that preceded the 2021 leg.
$5K+ remains the long-term target. The question is whether you're positioned for the shakeout or the breakout.
Not financial advice. Always manage your risk.
#ETH #Ethereum #Fakeout #LongSetup #Crypto
🎯