đČEthereum Breakout Time.
đČThe post is a direct continuation of my previous post in which I wrote about the impending breakout:
đČAs you can see the last 6H candle showed strength and buying interest.
đČThanks to which I confirm myself further in my upside scenario.
đČAhead is a resistance zone defined by a cluster of 3 levels. The first is the last peak. The second level 0.236 of the downward wave from the peak on 13.08.2022 to the bottom on 21.11.2022. The third level 0.618 of the wave from the bottom on 18.06.2022 to the peak on 13.08.2022.
đČI believe we will break through it without any problem given the strong uptrend.
đČThe next higher resistance zone is the zone determined by two fibo levels. The first is the level of 0.382 of the wave from the peak on 13.08.2022 to the bottom on 21.11.2022. The second level is 0.5 of the wave from the bottom on 18.06.2022 to the peak on 13.08.2022.
đČThis is where I expect the price to arrive in the coming days.
đČThe scenario that I am playing out is the continuation of growth to the resistance zone above, taking into account the breakthrough of the first zone without any problem. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
đČ*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
đIf you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.đ
đČThe post is a direct continuation of my previous post in which I wrote about the impending breakout:
đČAs you can see the last 6H candle showed strength and buying interest.
đČThanks to which I confirm myself further in my upside scenario.
đČAhead is a resistance zone defined by a cluster of 3 levels. The first is the last peak. The second level 0.236 of the downward wave from the peak on 13.08.2022 to the bottom on 21.11.2022. The third level 0.618 of the wave from the bottom on 18.06.2022 to the peak on 13.08.2022.
đČI believe we will break through it without any problem given the strong uptrend.
đČThe next higher resistance zone is the zone determined by two fibo levels. The first is the level of 0.382 of the wave from the peak on 13.08.2022 to the bottom on 21.11.2022. The second level is 0.5 of the wave from the bottom on 18.06.2022 to the peak on 13.08.2022.
đČThis is where I expect the price to arrive in the coming days.
đČThe scenario that I am playing out is the continuation of growth to the resistance zone above, taking into account the breakthrough of the first zone without any problem. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
đČ*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
đIf you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.đ
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đČ To keep up to date with all my activities I invite you to visit my Telegram đČ
đČ www.t.me/Investmatez đČ
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