$ETH - Original Idea Stands - 1 more Drop - 1180 BUY ZONE - SMT
I've drawn This out in Multiple different exchanges on Tradingview. Bitfinex and COINBASE are the ones I'm going to share. Both have the same liquidity point just below the most recent low and also the spike below that... that is where the liquidity lies. That is the institutions way of thinking and that is where they want a huge discount without scaring the market too much. Because if they scare it too much, no one will buy back into it. So they have to keep the cycle going. They've set it up so that there's also buy side liquidity but we just hit a bearish order block before breaching this intermediate high, meaning it will push the price down. On both exchanges there is a Bullish order Block just below the liquidity level at $1,180. As soon as it reaches that level expect a very bullish movement upwards or even a spike deep into it maybe hitting 1150 before finally going back up. But like I said, There's buy side liquidity set up already as well. Ethereum is ripe for a new high. it'll hit $2,000 (or close to it, my take profit is the full 100% extension whish is $1,915) Jusy=t wait, we'll have ourselves a good February. Treat your special someone on Valentines day with these gains when this happens. It's not an "IF" it's a "WHEN" this happens. All Related Ideas have been pointing toward the same direction. I haven't been off track in my analysis.
(Bitfinex chart)
(Bitfinex chart)
You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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