#ETHOnTheRise
$ETH
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#ETHOnTheRise
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Bitcoinboy-8686
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#ETHOnTheRise
$ETH
PROJECTION $ETH STARTING TO STRONGLY INCREASE AT 3K5XX ON THE NIGHT OF 03/12/2024.
Observing the 1-hour time frame, we see signs of buying pressure being accumulated and higher lows being formed, the RSI index is also creating higher lows and expanding outwards.
Specifically, the previous article discussed the trading pattern "Cup with Handle" of the W frame. This wave will be the final wave creating a corrective phase to complete the handle, and once completed, after revisiting and testing the previously established trendline at the price area of $3652.
If accumulation is maintained, the projection suggests a rise to the area of 3K8 tonight or on 04/12/2024, the price will be in this area.
Do you have any other opinions?
Last updated: Tuesday, December 03, 2024
@Bitcoinboy-8686
(Personal analysis and information sharing, not financial advice)
$ETH
PROJECTION $ETH STARTING TO STRONGLY INCREASE AT 3K5XX ON THE NIGHT OF 03/12/2024.
Observing the 1-hour time frame, we see signs of buying pressure being accumulated and higher lows being formed, the RSI index is also creating higher lows and expanding outwards.
Specifically, the previous article discussed the trading pattern "Cup with Handle" of the W frame. This wave will be the final wave creating a corrective phase to complete the handle, and once completed, after revisiting and testing the previously established trendline at the price area of $3652.
If accumulation is maintained, the projection suggests a rise to the area of 3K8 tonight or on 04/12/2024, the price will be in this area.
Do you have any other opinions?
Last updated: Tuesday, December 03, 2024
@Bitcoinboy-8686
(Personal analysis and information sharing, not financial advice)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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