BUY ETHEREUM TODAY - Thank Me In 2 Weeks !!!
The Moon Show
Introduction to Ethereum Investment
The speaker believes that buying Ethereum now is a great investment opportunity. They have put a lot of money into Ethereum and are opening up big leveraged positions.
Analysis of Ethereum's Past Performance
- Ethereum had a falling wedge pattern, which broke out and then broke down.
- The biggest capitulation event in Ethereum's history occurred during the pandemic crisis in March 2020, after which Ethereum's price went up.
- The speaker believes the same pattern is happening now, with a recent capitulation event marking the bottom of the market.
Technical Analysis
- The speaker analyzes the weekly time frame, stating that if the weekly candle closes above the highs, it will be incredibly bullish.
- They also look at the daily time frame, discussing the importance of closing above the support of the falling wedge.
- An inverse head and shoulders pattern is identified, which the speaker believes is a bullish sign.
Opening a Position on Ethereum
- The speaker opens a $600,000 position on Ethereum using 10x leverage on the Coinflare exchange.
- They believe that Ethereum will go up to $4,000 and eventually to $16,000 to $18,000, potentially leading to a 20x to 30x return on investment.
Additional Bullish Indicators
- A bump and run pattern is identified, which could lead to a breakout.
- A bull flag pattern is also mentioned as a potential indicator of an upcoming price increase.
Call to Action
- The speaker invites viewers to open a position on Ethereum using Coinflare or Weeks, depending on their location.
- They encourage viewers to subscribe, follow their Telegram alerts channel, and Twitter for updates and signals on cryptocurrency investments.
Conclusion
- The speaker believes that Ethereum is poised for a significant price increase and encourages viewers to invest alongside them.
- They express confidence in their analysis and invite viewers to share their own investment decisions in the comments.