Price action on ETH, completely different from BTC
What are the differences:
1. We have practically no free liquidity zones
2. The closest short target is at the level of maximum pain of a bear market
3. We have virtually no barriers to growth into the $3-3.5k zone.
Unlike BTC, I expect a pull back to the $2-2.2k zone (Short term target) and a move to the $3.3-3.6k zone (Long target). The maximum possible drawdown here for me is a move to the $1.3-1.4k range (Liquidity zone).
For the first time in a long time, my picture of BTC and ETH is very divergent. If it really happens that we see BTC falling and ETH rising, a new altseason will begin
P.S I will update this idea as the price moves.
What are the differences:
1. We have practically no free liquidity zones
2. The closest short target is at the level of maximum pain of a bear market
3. We have virtually no barriers to growth into the $3-3.5k zone.
Unlike BTC, I expect a pull back to the $2-2.2k zone (Short term target) and a move to the $3.3-3.6k zone (Long target). The maximum possible drawdown here for me is a move to the $1.3-1.4k range (Liquidity zone).
For the first time in a long time, my picture of BTC and ETH is very divergent. If it really happens that we see BTC falling and ETH rising, a new altseason will begin
P.S I will update this idea as the price moves.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.