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Ethereum’s Plow and the Lambo Dream

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Howdy, folks! Oink, oink, Porky here!

Let’s not kid ourselves: in a bull market, everyone’s a genius—even Porky. The fields look greener, the skies brighter, and even a blind pig might dig up a truffle.

Thus, back in the mud with a new idea for when Bitcoin slows down and everyone and their pigs are beginning to sniff out the “next Bitcoin.” Porky thinks Ethereum might be the one to hog the limelight of all the nonsense this time, fueled by all that crowding and chatter. Ethereum is a magical tractor powered by “gas” that plows a never-ending digital field. Expensive gas, mind you, but that’s how this tractor works!

While some farmers are already dreaming about USD 5,000 ETH prices, Porky’s a down-to-earth pig. He prefers mud baths over moon shots, and the only Lambo he wants has a plow on it. Porky’s happy nibbling a small chunk of the action, so here’s his day-trading idea:

🐷 The Plan

Entry Price: 3,366
Stop Loss: 3,285
Target: 3,499 (+4.1%)

The Chart Story:
Porky’s chart has blue lines marking pivots from Ethereum’s climb earlier this year, from USD 1,860 to 4,090 (January–March 2024). Orange lines show bottoms from the consolidation that followed, all the way to September.

Now, let’s talk about that purple dotted line at 3,330. It is not only a handsome number, but a key level that was formed around the epic November 2021 rally, when ETH topped at nearly USD 4,900. Porky reckons if price clears 3,330 from below, it’s a sign of strength—like a piglet pushing through to the trough!

But there’s one more hurdle at 3,350. Porky doesn’t like it; it’s like a patch of stubborn weeds. He wants it cleared before hopping on the ride. Once that’s done, he sees a smooth road to his final destination at 3,499. A safe (looking) ride just the way Porky likes it.

🐽 Final Thoughts
Porky’s not greedy, and he’s certainly no financial advisor. He’s just a humble pig farming pips and dreaming of tractors, not yachts. So, keep your hoof on the ground and trade wisely, y’all!

Snorts and cheers,
Porky 🐷
עסקה סגורה: היעד הושג
Well, shucks and snorts, folks! Porky’s got a smile wider than a barn door today. Ethereum’s been plowing hard, riding the strong backwinds of Bitcoin having itself a rip-roaring day—what a happy chap! With the fields looking green, Porky’s hopped off the tractor, closed his trade, and now sits back sipping his tea with a snout full of satisfaction.

Porky’s got a word of wisdom for you: it’s better to take a small chunk of the harvest than miss the whole crop or lose it all by chasing more. Greedy pigs don’t last long—they end up in the sausage factory! Porky reminds everyone that it’s not the wild profits that make a good trader, but knowing when to stop and not letting losses take root. Risk consciousness, not moon-chasing, is the secret to a long and prosperous farming season.

Now, for the brave hogs still holding: Porky tips his hat to you. If you think an all-time high retest is on the horizon, you’ve got more grit than a rooster in a cornfield. But keep an eye on the rocky 3,590s—Ethereum might need a few tries to plow through that stubborn patch. It’s like hitting a root in the dirt; you gotta nudge it a few times before the field’s clear.

Porky’s lesson for the day? Know when to sow, know when to harvest, and always keep a weather eye on the skies. Happy trading, y’all! 🐷
Chart PatternsdaytradedaytradingEthereum (Cryptocurrency)ethereumlongethlongETHUSDETHUSDTTechnical IndicatorsTrend Analysis

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