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Why hello there ETH, can we be friends?

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barring any black swan events - now that we have the new ETH release forthcoming, the bitcoin halving in the future, and the bear market behind us (fingers crossed?), this is the trend - we'll see some stops and volatility at the major support/resistances for trading.

I'll just be holding for the next year or two. Less stress!
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Little Cup and Handle in there - 3700 range will be a bit of a rejection at first, followed by a rocket ship
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We've got the advance pumping! My current view is that the top will be between the daily SMAx3 and SMAx5. I'm eyeing up that 10-14.5k zone. With the new market dynamics of liquidity into crypto, we may have a dual push this bull cycle, which means we have a top that's short of the 10k range, with a secondary push later in 2024.

That will likely be somewhere between SMAx2 and SMAx3.. it's pumping the x2 now (red line).

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Can also see on the weekly it's above the EMA21. That will lend itself as support through this bull cycle. Buy any retest and breakout off of that orange line

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Same targets, different path

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bottomBullish PatternscryptoETHETHUSDTrend Analysis

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