Ethereum Price Analysis: Seasonality Shows May Top Then Decline
Ethereum is consolidating just below the orange trend line heading into the weekend. The structure has not changed since February. This is still seen as a corrective bounce inside a larger correction. In this video I walk through the bigger picture, show you the midterm year seasonality that Ethereum is currently following, and give you the key support and resistance levels for the weekend.
TIMESTAMPS:
00:00 Ethereum Consolidating Below The Trend Line Into The Weekend
03:26 Long Term Target And Why 1,000 Dollars Is Still Possible
06:54 Midterm Year Seasonality: May Top Then June Decline
08:30 Key Support And Resistance Levels For The Weekend
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4 Comments
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Is there a point to shorting both? I think draw downs probably similar on both assets . Thoughts?
감사합니다 ❤
Thank you, Ben 🙌🏼