ETH was in a bullish pennant who had already broken out weeks ago but really started to move toward their target after US elections.
I don't believe much in pattern targets because in my experience they're not reached very often but considering that this time the target coincide with last ATH I think it's very likely to be reached. This will only be the first step, I think ETH should go up to 10-12K.
I don't usually trade ETH but I think it will eventually do pull a 3-4x. If you have to buy I would suggest to buy on a retracement since it has pumped for 7 days in a row now.
Good luck
I don't believe much in pattern targets because in my experience they're not reached very often but considering that this time the target coincide with last ATH I think it's very likely to be reached. This will only be the first step, I think ETH should go up to 10-12K.
I don't usually trade ETH but I think it will eventually do pull a 3-4x. If you have to buy I would suggest to buy on a retracement since it has pumped for 7 days in a row now.
Good luck
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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.
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
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.