Is Ethereum About to Repeat 2022? Here’s What I’m Watching

Is Ethereum About to Repeat 2022? Here’s What I’m Watching

Ethereum has recovered 40 percent from the February lows and is now approaching key resistance: the descending trend line, the RSI 50 level on the four day chart, and the red resistance zone. This recovery looks remarkably similar to the one in early 2022, which was followed by a major decline. In this video I walk through the bigger picture, explain why I believe a short trade opportunity could be coming up in the weeks ahead, show you the exact Elliott Wave setup I am watching for, and share the long term upside targets for after this correction ends.

TIMESTAMPS:
00:00 Ethereum 40% Rally And Why I Am Getting Cautious
03:29 RSI Resistance That Most People Miss
07:13 Fibonacci Target For The C Wave Decline
09:00 How To Short Ethereum With Managed Risk
13:47 The Elliott Wave Short Trade Setup Explained
16:48 Ethereum Long Term Price Targets After The Correction

—————————————————————————————–
🧿 MCO Global:

💻 https://www.mcoglobal.com/

✉️ Join the FREE Newsletter:
👉 https://mcoglobal.com/newsletter/

🧿 Join the More Crypto Online Community:
👉 https://www.mcoglobal.com/memberships OR
👉 https://www.youtube.com/channel/UCngIhBkikUe6e7tZTjpKK7Q/join OR
👉 https://www.patreon.com/morecryptoonline

🧿 Join the MCO Stocks & S&P500 Community:
👉 https://www.patreon.com/moretradingonline

—————————————————————————————–
🧿 Social Media:

👉 X / Twitter:
https://x.com/Morecryptoonl

👉 Instagram:
https://www.instagram.com/morecryptoonline_official/

🔗 All Links: https://linktr.ee/morecryptoonline

✉️ Contact: info@morecryptoonline.com

—————————————————————————————–
🧿 Exchanges & Brokers (Affiliate Links):

👉 Trade on Bybit:
https://partner.bybit.com/b/MCO

👉 Trade on Bitget:
https://partner.bitget.com/bg/MoreCryptoOnline

👉 Trade with XTB – a global, regulated broker offering 7,100+ stocks and 1,400 ETFs
🔗 https://geolink.xtb.com/XjNyk
(Please note: XTB services are not available to U.S. clients.)

—————————————————————————————–
🧿 Research & Tools (Affiliate Links):

👉 Tradingview – Chart software
Get a $15 discount on your first subscription:
https://www.tradingview.com/?aff_id=108760

👉 Bitcoin Magazine Pro – On-chain data & research
Get 20% off with code: 20MCO
https://www.bitcoinmagazinepro.com

👉 CoinTracking – Portfolio & tax tracking
Get 10% lifetime discount with this link:
https://cointracking.info/?ref=B776587

👉 Protect your cryptocurrencies with Trezor:
https://bit.ly/morecryptoonline

👉 Protect your cryptocurrencies with Ledger:
https://shop.ledger.com/?r=0fb3c8be2e46

👉 Stay safe with NordVPN:
https://go.nordvpn.net/SH4s0

—————————————————————————————–
⚠️ Disclaimer
The content provided on this channel is for informational and educational purposes only. It does not constitute financial advice, an offer or solicitation to buy or sell any financial instruments, or a financial service under applicable laws.
All analyses and opinions expressed are strictly personal views. You are solely responsible for your own investment decisions and act at your own risk. Always consider your individual risk profile and, if necessary, consult with an independent financial advisor.
Some of the links provided in this description may be affiliate links. If you choose to use them, MCO Global may receive a commission – at no additional cost to you. Thank you for supporting the channel.

⚠️ Important: Affiliate links related to cryptocurrency exchanges are not available to residents of the United Kingdom, the United States, or any other restricted jurisdictions. Please check the laws and regulations that apply in your country before using such services. Other affiliate links (e.g. VPN, hardware wallets, software tools) are unaffected.