$ETH Read the complete article to know the price action till January 1st week.
In this chart which we uploaded yesterday on my post. Etherium has followed well our predicted price action. But it pumped again.
But don’t get high hopes from the previous recovery. Suck fake smalle pumps are necessary before the dump and then to real bullish rally.
As i mentioned in my previous post and chart analysis (as shown in 1hr chart) it must go to the price range of 3000. Why??
~There is a weekly FVG around 3k-2800 that needs to filled in order to start a bullish momentum towards ATH. (Shown in weekly chart below)
~In market they usually make suck fake dumps and then pumps in order to make ppls sentiments bullish and then an original dump comes to liquidate them before real rally towards ATH.
~lot of liquidations are still lingering belwo 3k level that needs to be cleared.
OUR PREDTICTED PRICE ACTION TILL JANUARY:
It can pump to the LEVEL OF 3550 and then dump to 3000-2800 . After that we can see a bullish rally towards ATH in January 1st week.
SHORT TERM PLAN:
If you’re long on etherium. You can sell you’re postions( wherever the % you like) from 3550 level. And then wait for the price to come back to 3k level drom where you can buy again.
LONG TERM PLAN: ( real one)
We are bullish on eth in long run till jan and mid feb. Our imp buy levels are as follow.
BUY LEVELs:
3100, 3000, 2800
Targets till January:
4500, 5000
Disclaimer:
Must do your research and protect your capital. Manage your risk and tradely safely guys.