ETH has seen impressive price growth for the past few weeks from our original spot at 2.4k -- and it run as high as 3.9k -- almost at our target of 4k.
Now, as with any parabolic moves, eth has to hibernate a bit for that well deserved recharge. This healthy correction at current levels is warranted. 23.6%, 38.2% FIB taps are usually ETHs favorite zone area. This is where most buyers converge as far the most bargain area to position. And we are now at that elusive zone.
A seed from this area is ideal. From our current diagram, you can see we are now on season no.3. This has been doin the same behavior since 160B mcap, and for this next phase, ETH is eyeing 600B mcap from here.
This is in line with our original forecast.
We are now on Month no. 3 as we entered August, my predicted cycle duration would be 17 bullish months till December 2026.
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STONG BUY HOLD at this area. We got a rare elusive season of accumulation that doesnt come very often.
Happy profiting everyone
See you up there.
Spotted at 3.4k
Mid target 5k.
Long term target. 10k.
TAYOR.
Trade safely.
Now, as with any parabolic moves, eth has to hibernate a bit for that well deserved recharge. This healthy correction at current levels is warranted. 23.6%, 38.2% FIB taps are usually ETHs favorite zone area. This is where most buyers converge as far the most bargain area to position. And we are now at that elusive zone.
A seed from this area is ideal. From our current diagram, you can see we are now on season no.3. This has been doin the same behavior since 160B mcap, and for this next phase, ETH is eyeing 600B mcap from here.
This is in line with our original forecast.
We are now on Month no. 3 as we entered August, my predicted cycle duration would be 17 bullish months till December 2026.
-----------
STONG BUY HOLD at this area. We got a rare elusive season of accumulation that doesnt come very often.
Happy profiting everyone
See you up there.
Spotted at 3.4k
Mid target 5k.
Long term target. 10k.
TAYOR.
Trade safely.
Note
another view.beautiful setup. fresh bargain zone / accumulation.
3.4 to 5k is the next narrative.
it is written.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.