ETH : Accumulation Before Next Big Rally??

261
Ethereum continues to show strength on the weekly timeframe.

Weekly structure remains firmly bullish, IMO. Pullbacks are natural, but the weekly structure favors continuation.

Weekly closing about 4.2-4.3K could trigger massive rally on weekly TF.

Chart is self explanatory. This is purely my interpretation of the chart and it could go wrong.

Note: This post reflects my personal views for educational purposes. It is not financial advice. Always DYOR before making any and every decision.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.