Is ETH repeating history?
At the beginning of the year,
$ETH
dropped sharply out of a sideways range → everyone panicked → the price quickly regained the zone and then surged from $2,150 to $3,422.
Now, the same thing has happened twice:
June → July fakeout → July fakeout
Today the price is around $1,917 and still holds above both prior lows.
A fakeout like this is easy to bait people with low patience.
A double fakeout can even trick those who think the first time was just luck.
If this structure continues, the next upward leg of
$ETH
could be much stronger.
Tony has a plan to enter at 10k$ if this structure confirms
$ETH
in the upcoming Uptrend cycle, and he’s watching very closely.
Do you think ETH will breakout strongly? Comment your thoughts!
#Ethereum
Not investment advice. DYOR.$ETH
At the beginning of the year,
$ETH
dropped sharply out of a sideways range → everyone panicked → the price quickly regained the zone and then surged from $2,150 to $3,422.
Now, the same thing has happened twice:
June → July fakeout → July fakeout
Today the price is around $1,917 and still holds above both prior lows.
A fakeout like this is easy to bait people with low patience.
A double fakeout can even trick those who think the first time was just luck.
If this structure continues, the next upward leg of
$ETH
could be much stronger.
Tony has a plan to enter at 10k$ if this structure confirms
$ETH
in the upcoming Uptrend cycle, and he’s watching very closely.
Do you think ETH will breakout strongly? Comment your thoughts!
#Ethereum
Not investment advice. DYOR.$ETH