ETHEREUM WILL HIT 10K

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Let’s go welcome back to R invest guys I’m so so excited to be back on the channel today and in today’s video we are going to be talking about my favorite coin of all time ethereum ethereum is the father of defi ethereum is the coin that will hit $10,000 this

Market cycle and I’m going to be showing you guys exactly why okay so in today’s video we’re going to be going through a little bit about the technical analysis of ethereum I’m going to be going through a little bit about the narrative that is coming up for ethereum and we

Will be going through my ethereum trade over here that you can see I entered a $837,000 ethereum trade that is currently $187,000 in profit now this trade was entered over here with my premium group members you can see that this was a trade that we entered and I’m

So so bullish on ethereum right 90% of my portfolio is in ethereum and if you guys want to enter such profitable trades then you can check us out down below at V invest. for full access to the ultimate bull market millionaire guide as well as the premium group all

Right if you guys want to join you can press uh this button over here get lifetime premium access it is a onetime purchase for a lifetime of access and you’ll be trading with myself run invest himself Again full access to the ultimate Bo Market strategy guide as well as a

Lifetime private Discord membership to the day Traders Club full access to my trading signals such as this one which is profitable and you know you’ll get full access to my trading masterclass course and my 100x ALT coins as well guys the bull market is beginning at

This point in time you want to be able to hold your skills you want to enter a premium group that will give you all the right signals and all the 100x coins so you can make the most of this market and become a millionaire so if you want to

Join today you can join ever invest. down below there’s limited spaces so do snag it up before the price increases and the group closes after all right so let’s not waste any more time and let’s go through ethereum right now so ethereum is currently trading at about

2.55 7K and you can see that we are actually in a very very bullish structure ever since bottoming over here uh in June of 2022 you can see that that the market structure of ethereum is bullish right with higher highs and lower higher highs and higher lows on

The weekly time frame so just let me point it out for you higher highs and higher lows on the weekly time frame so overall for ethereum we do have a bullish Market structure and you can see that we managed to break Above This ascending triangle formation over here and breaking Above This ascending

Triangle formation was the key thing that we were looking out for right because an ascending triangle you can see this was the base of the triangle itself and this is the UPS sloping trend line uh this is a a bullish pattern right and breaking above this pattern

Was something that we were looking for over here in the premium group when we entered this trade you can see that our signal over here was entered when we broke Above This ascending triangle now what was the thesis behind this the thesis behind this is you need to

Understand right is the narrative that is coming for ethereum we all know that Bitcoin pretty much did about a 2.5 to 3x uh within the past year itself since it’s bottom uh at about $155,000 now why did did that occur that occurred because of the Bitcoin ETF narrative right

People were buying in and they were pricing in the Bitcoin uh ETF approval now that there has been approved what is next right what is next is actually the ethereum ETF that is more likely than not going to be approved uh as Black Rock has already fought for it somewhere

Around the May to August region and this is just my guesstimate so from now to May to August you can expect that people are going to be flying into ethereum to try to price in this narrative which is why I’m so so bullish ever since we had this Mega breakout above the ascending

Triangle itself so where can ethereum go and how high can it go well if you actually look at the technical data as you compare ethereum to bitcoin itself you can see uh that if BTC is looking like it’s Prime for a breakout very soon so this is the chart that compares the

Ethereum price towards the Bitcoin price so e over BTC all right so what we are seeing at this point in time uh is something very very uh amazing at this point in time which is a consolidative structure so how the market works is it usually has a period of consolidation

Before it impulses so you actually look at Bitcoin for example you can see that all the moves for Bitcoin is a a consolidation for a few weeks an Impulse a consolidation for a few weeks an Impulse a consolidation an Impulse a consolidation and impulse so this is how

The market makers actually uh move the market itself they will consolidate the market structure and they will impulse the move of the price section upwards or downwards so as to catch as many liquidations as possible so you can see that on the macro time frame for E BTC

Itself it is looking very very bullish we have previously been in a Range over here uh this was back in 2021 before the breakout of ethereum itself to about $4 to $5,000 you could see that at that point in time uh ethereum ranged over here for a good 952 days right before we

Had an impulsive move towards the upside forming this new range right here now at this current point in time time you can see that ethereum is currently ranging uh for a good 980 days right this is a similar time frame which we saw previously before an Impulse move towards the

Upside given the fact that we already range a similar amount of time given the fact that the Bitcoin ETF is approved given the fact that we are seeing a very very nice breakout on this ascending triangle it just gives me pure confidence that what you’re likely going

To see in terms of the uh e BTC price section is something like this right and we are going to gain ground and advantage against BTC so what this means is that in the short term Bitcoin may be trace or Bitcoin May pump that doesn’t matter because at the end

Of the day as long as e BTC gains right the price of ethereum is going to go higher and higher so what this means is that Bitcoin can can consolidate it can retrace $500 or retrace $1,000 it’s not going to matter because ethereum will eventually pump higher which is

Something we saw that even even though uh Bitcoin pumped all the way to the wick high at the 618 level over here at about 48,000 and dumped down below to about 42 to $41,000 we saw that ethereum right was able to maintain a bullish structure

Right as it pumped from 2.2k to a high here of about 2.7k and eventually currently trading at about 2.5k so yes Bitcoin dumped about $6,000 but ethereum managed to gain overall uh a percentage of about um a good 10% over here as he gained about $200 to $300 in terms of its capital

Appreciation so people who are telling you that hey Bitcoin may be traced Bitcoin May dumb do not buy into ethereum are absolutely wrong I’ve shown you over here how Bitcoin can dumb $66,000 but eum can can appreciate about $2 to $300,000 uh two to three

Uh100 right so at this point in time we are seeing that we are having a very bullish move and if you take note of my uh trade over here I mentioned that uh we are looking at the Target about 3.5k and that we hit our first Target over

Here at 2.5k which is this blue line over here so you can see that this blue line is a 2.5k target that we just hit and why do I think that these are significant levels of Target is because these are respective swing highs and swing lows in terms of the ethereum

Price action back in March 2022 right and the entire dumb from the high over here at about 3.5k in March 2022 all the way to the low here on the 6th of June 2022 resulted in what we have what we call here a fair value Gap right so this

Is what we call Price inefficiency and this price in efficiency is going to get filled up very very soon so in the coming weeks to months I do expect ethereum to have very very shallow dips and we’re going to hit all the way towards the 3.5k region now where are

The potential points of resistance apart from these Target levels I think that the most significant resistance uh is the 618 level of the Fibonacci level right so you can see that the 618 level is this dark green line over here and currently this lies at about 3333 right $

3,333 and you can see that this is something that Bitcoin uh fa as a key form of significant resistance as well uh where we had the Bitcoin ETF approval we Wicked up to the 618 level and eventually we Trace back down into the $42,000 Vision so for ethereum itself I

Think that we are we pretty much have you know clear skies above all the way until the 3K to the .5k region somewhere around this level right here just let me Mark Mark it out for you guys somewhere around this range before we hit uh some sort of significant resistance and this

Is what I’m expecting in the immediate short term in the entire 2024 2025 boo Market uh I do in fact think that this is going to be a left translated cycle and I think that ethereum is going to see some parabolic moves after we have a short retracement around this level and

I do expect ethereum to head up to about $5,000 $6,000 by about mid Q2 uh to Q3 of 2024 so you can expect ethereum to gain a lot of ground don’t forget that if BTC has really um you know bottom out over here and that the movement is towards the upside we’ve already

Completed a whole thousand day worth of accumulation range already and the explosive move for ethereum is now towards the upside which we are already starting to see over here since the wick low over here at about 0.047 so for ethereum itself uh I am looking to take profit on my ethereum

Trade somewhere around this region over here here uh but until then I will continue to hold this trade that’s currently $184,000 in profit and I will be buying more spot ethereum okay so I that’ll be all for today’s video I hope that you guys will be able to understand

Why I’m so bullish on ethereum uh basically you need to understand number one we are in a bullish Market structure at this point in time we’ve broken above the ascending triangle number two we are bottoming out on a nice accumulation range of ebtc itself and number three we

Are seeing the next narrative come into ethereum because of the ethereum ETF which black roock has already fought for and more than likely it’s going to be approved somewhere in about May to August region all right so as of now I can say that you can safely long

Ethereum even if Bitcoin is about to retrace you know that if BTC is gaining and I’ve already shown you guys how even as Bitcoin retraces about $6,000 ethereum is able to gain ground in terms of its price appr appreciation okay that’ll be all for today’s video I hope

That this video is able to help you guys again if you guys want to be part of the premium group you guys want to be able to enter such profit able trades such as this ethereum trade where I’m currently $184,000 in profit my Bitcoin trade is currently $95,000 in profit and my

Solana trade which is currently $17,000 in profit then you have to join down below at V invest. the buo market is beginning guys this is a onetime purchase for a lifetime access by joining this group you’ll be able to have all of my trading signals right and

You will be able to have full access to the ultimate bu Market strategy guide as well as our Discord server where we go through our daily trades we share our opinions we share our h 100x coins and we share different projects this is the best community that you can enter before

A boom Market to prepare yourself to take advantage of the boom Market do not waste this opportunity I do believe that this is going to be a last crypto cycle before we see something really stagnant and nonvolatile which means that you will not be able to earn as much money

As possible in the next few Cycles this is pretty much the last cycle do not waste this opportunity join the premium good today down below you can click this get premium access one time purchase for a lifetime of access again I 100x coins that’s releasing very very soon I have a

Research uh thesis that I’m working on right now and I’ll be releasing it to my premium group members very very soon we are going to enter a new 100x altcoin very soon as well so do join today limited spaces the price will increase once the spaces are filled up and the

Group inventry closed so do join today that’ll be all for today guys please take care of yourself and as always invest Safe