Looking at the 12-hour chart of Ethereum, this is an extension of my previous chart as there has been no volatility during the holidays and the markets haven’t really moved. We can see ETH is still in its accumulation zone and gearing to breakout to $1287 and beyond.
This move will play out to TP1 & above marked:
🎯 $1,287
🎯 $1,347
Ethereum trade is invalidated with a candle close below $1,221 as we would look to reposition this play.
Attached to this chart are my previous 2 ideas on Ethereum.
As always please do your own research, I am not a financial advisor and this chart is for educational purposes only.
This move will play out to TP1 & above marked:
🎯 $1,287
🎯 $1,347
Ethereum trade is invalidated with a candle close below $1,221 as we would look to reposition this play.
Attached to this chart are my previous 2 ideas on Ethereum.
As always please do your own research, I am not a financial advisor and this chart is for educational purposes only.
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