#Ethereum #ETH #ETHBTC
I believe this chart setup needs no explanation but I will entertain you with a few details... This is a very strong opportunity, a rare find.
Here we have a massive bullish wave from April 2025 through last August. The current chart setup is considered very strong based on how support was handled. ETHBTC produced a low 4-November then never looked back. We have higher lows and the market is now tuning green.
A once resistance zone has been flipped support.
The fact that the correction was very small in comparison to the rise reveals that the bulls remained present during the bearish period. Not many sellers around favors the bulls. Prices remained really high compared to the start of the bullish wave.
The last bullish wave started from a low of 0.01766, 22-April. The high was 0.04327, 24-August. The low 4-November happened at 0.03090 which is 75% higher compared to the 22-April low. That's it.
It is early for this move but this 'early' status is only valid for today, tomorrow everything can be much more different or just in a matter of days. This one has great timing but time is running out. The market is starting to run.
This is a great chart setup with low risk vs a high potential for reward.
Namaste.
