MrGekkoWallSt

ETH/USD completing accumulation phase!

לונג
MrGekkoWallSt מעודכן   
BINANCE:ETHUSD   אתריום
After an Expanded Flat Correction (ABC) similar to 2016, Ethereum entered an accumulative period that is now in its final stages.

The uptrend during that cycle was extremely parabolic.

Personally, I don't believe in the repetition of the previous magnitude but rather in the direction of the movement. Therefore, disregard price levels in this post.

Be cautious when analyzing fractals, as there are more efficient data and indicators to capture a possible exhaustion of the movement that may start soon.
הערה:
A long-term baseline (support) will always run the risk of being readjusted. Therefore, that's the intention behind the update.

The accumulation triangle following the last drop of ETH/USD showed signs of elongation.
הערה:
The point of escape is getting closer.
הערה:
The idea of the triangle persists.

כתב ויתור

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