In this chart, I am showing you the worst possible scenario. If we compare this cycle to the past, we see some very similar things on the weekly chart:
- Weekly RSI divergence
- Testing the 50-level RSI and the trend line from the bottom to the top
- Correction to the 0.5 fibbonacci level.
- Last time we had a war between Ukraine and Russia and now we have a war between Israel and Iran
- Last time everyone on X(twitter) was talking and cheering about Alt-Seoson and ToTheMoon and now we have the same situation, DYOR, check X
$750-800 for Ethereum are the lows of the two global channels. So it's a logical bottom. And after the price reaches the bottom, we can reach the top of the channel.
Hence after this mega-dump we will see #ETH at $18000-20000.
What do you think about this scenario?
- Weekly RSI divergence
- Testing the 50-level RSI and the trend line from the bottom to the top
- Correction to the 0.5 fibbonacci level.
- Last time we had a war between Ukraine and Russia and now we have a war between Israel and Iran
- Last time everyone on X(twitter) was talking and cheering about Alt-Seoson and ToTheMoon and now we have the same situation, DYOR, check X
$750-800 for Ethereum are the lows of the two global channels. So it's a logical bottom. And after the price reaches the bottom, we can reach the top of the channel.
Hence after this mega-dump we will see #ETH at $18000-20000.
What do you think about this scenario?
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.