ETH/BTC ACCUMALATION CONE COMPLETE OR NOT COMPLETE?
Eth needs to make a move it has been in a rare ACCUMALATION CONE for 2 years, start of Pandemic/ Covid 2022.
Leading into a 1 YEAR SYMMETRICAL TRIANGLE, this type of pattern rarely completes to the upside. On the other hand if it does we would see a Parabolic move from ETH and in turn all ALTS would follow. The breakout to the upside would line up with the ETH 2.0 UPGRADE.
We are still making LH on the Daily, still in a short and medium downtrend.
We did break out a few days ago but again it made a LH at MAJOR RESISTANCE.
MAJOR LEVELS FOR ETH = $2800, 3100, 3400-3500.
Not Financial Advice.
Leading into a 1 YEAR SYMMETRICAL TRIANGLE, this type of pattern rarely completes to the upside. On the other hand if it does we would see a Parabolic move from ETH and in turn all ALTS would follow. The breakout to the upside would line up with the ETH 2.0 UPGRADE.
We are still making LH on the Daily, still in a short and medium downtrend.
We did break out a few days ago but again it made a LH at MAJOR RESISTANCE.
MAJOR LEVELS FOR ETH = $2800, 3100, 3400-3500.
Not Financial Advice.
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