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.