source avatarRawl

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I’m still immersed in the ETH plan we had, expecting it to materialise further, even with LTF pullbacks on the way up. In my opinion, we will continue to see price go slightly higher above 3,000 to take that whole cluster of volume sitting up there, and then eventually pull back lower again to form a macro higher low or worst case o double bottom going under 2k once more. That would be the last time we see ETH under 2k from my point of view because like said its improbable to have two similar years in a row and push straight to ATH and instead we would get a sharp move with recovery. So make sure to do your homework from now on and place some orders down there, both for spot and swing longs. Besides that, on the LTF we are bouncing from the weekly 21 EMA, so I don’t think we will see lower for now, unless 2,400 is lost and we get front-run to under 2,000. For now, since we are bouncing from support, the odds favour higher again, especially since we flipped the mid-term trend from bearish to bullish back in August, and any pullbacks will get absorbed by buyers.

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