Ethereum Retracement potential? 🤔

2 thg 3

Ethereum! Anticipating a retracement from Weekly Zone 3,519$ and monthly zone 3,346$. Wow! What an ascent that we have observed in recent weeks. A bull market typically has healthy retracements from profit taking and to clear late buyside liquidity. Gathering liquidity is necessary to continue the upside campaign and so we may retrace and consolidate for some time before the train continues. All other technicals explained in the video.

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4 thg 3

Ghi chú

Update, Price has creased the Weekly Zone $3,519
Buyers appear to remain in control

4 thg 3

Ghi chú

Next target for Buyers, if we continue
to remain above $3,519, will be 3,796

6 thg 3

Ghi chú

Buyers Fomo'd price up to 3,796. After touch that Daily Resistance level we observed a selloff down to our first target 3,346

6 thg 3

Ghi chú

Our next target for shorts is 3,050 .
which would be a healthy retracement distance from the current price of 3,510. this would be a 13% retracement.

19 thg 3

Ghi chú

24 thg 3

Ghi chú

we touched into 3,050 as anticpated. We pushed further to the upside than I originally thought..