I have a very simple chart here and I think you will agree.
In order to define the next move all we need to know is if the market is trading at a bottom or a top, that's it. The difference between a bottom and a top is almost impossible to miss.
The bottom in 2025 was a short-lived one, it only lasted a few weeks yet it supported sustained growth.
The bottom in 2026 has been an ongoing process, it has been going for months. This prolonged bottom process can support years of growth.
We do agree that ETH is trading at support correct?
Last year just 12 days after the final low and ETHUSDT started a bullish wave. This year, its been more than 115 days... Ouch!
This is really good news.
This is what we have; it is what it is. Even if Ethereum were to move lower, the bottom is already in.
Namaste.
In order to define the next move all we need to know is if the market is trading at a bottom or a top, that's it. The difference between a bottom and a top is almost impossible to miss.
The bottom in 2025 was a short-lived one, it only lasted a few weeks yet it supported sustained growth.
The bottom in 2026 has been an ongoing process, it has been going for months. This prolonged bottom process can support years of growth.
We do agree that ETH is trading at support correct?
Last year just 12 days after the final low and ETHUSDT started a bullish wave. This year, its been more than 115 days... Ouch!
This is really good news.
This is what we have; it is what it is. Even if Ethereum were to move lower, the bottom is already in.
Namaste.
Trade active
Out of the top three —Bitcoin, Binance Coin and Ethereum— Ethereum is the only one that is yet to produce a higher high and break the sideways channel. Seeing how BNB did so yesterday/today, we can say for sure that ETH will do the same. The bullish bias is already confirmed, we are set to experience higher prices in the coming days.Trade closed: target reached
It seems the bears don't have that much strength. Many altcoins are already moving higher. This bullish breakout, resumption and continuation on many of the smaller altcoins clearly reveals that Bitcoin and Ethereum don't have much room to move lower. The bulls win.Prepare for a major bullish wave. This one can last several months—non stop bullish action.
Namaste.
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✅ Cryptocurrencies technical analysis & results
t.me/masteranandatrades/9279
✅ Stocks technical analysis
t.me/anandastocks
✅ Enjoyed the content?
Join PREMIUM channels to show your support!
t.me/lamatrades/4 (since 2017)
t.me/masteranandatrades/9279
✅ Stocks technical analysis
t.me/anandastocks
✅ Enjoyed the content?
Join PREMIUM channels to show your support!
t.me/lamatrades/4 (since 2017)
Related publications
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.