Source: https://x.com/LeonWaidmann/status/2094024863564390577

I like Ethereum.. and I do see it starting a new uptrend. But holy fuck why is Tom Lee so relevant in main stream media?

Last week I shared an ETHUSDT sell setup from a QML area, which played out as expected and delivered a clean 1:2 RR.

After that, I shifted my bias to longs from a QML + QMTR confluence zone. The buy setup is now running around 1:1 RR.

I'm still holding and targeting at least 1:3 RR from this position.

Let's see how ETH develops from here. What's your bias on ETH right now?

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ETH target 2,500 🎯

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Entry => 2,420 📥

TP => 2,502 [ 3.3% ]

SL => 2,398 [ 0.9% ]

What do you think... 🤔↕️

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This is only my anylisis, trade on your own risk.

Let’s break through the line! After 2500 the sky is the limit! Let’s go!

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I am moving my holdings from my Trust wallet and hit a problem with a bit of ETH I have in there.

I’ve tried to move it but Trust says it can’t see the ETH even though it’s there, in the app.

It suggested that maybe there’s an issue with it being registered correctly to the blockchain and that’s all I have.

I have no idea how to progress to get it back.

Any help folks?

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Had a lot of fear in June. And still not secure till we turn 2500 into support. But the signs are all positive right now. That we will go too 3k and then create a higher low. That would confirm the bullish trend reversal. Check out my posts from June for more analysis.

Ok, let’s be honest. In the last bull market, Ethereum’s price performance was a joke

The minimum I expect is at least $20K per Ether Otherwise, it’s not worth holding Etherium

Source: https://x.com/LeonWaidmann/status/2092835504475553884

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I see this happen once in a while. Sellers shoot up super high but price remains seemingly unchanged. Wouldn’t this normally crash the price?

What’s causing this? Shorts being liquidated?

Any insight would be appreciated! Cheers

Most everyone I see who uses fibs draws them from high to low. I don’t do that.

I map mine based off of large liquidity levels major open prices on the yearly or where I see huge institutional orders at far extremes of the chart. Not just random low and high wicks.

With that said I have a lot of trust in my fibs and I use that purple .5 level as the benchmark of bullish long above and bearish below.

We are sitting right there and looking hesitant to go higher atm.

2 things here:

we are forming a bull flag right above that .5 (2,435) on the daily but it is tight

Seen this before and if we hold that .5 long enough the move to the upside is gonna be epic.

Break and retest up happens at the .618 and the next key resistance fib is 3,143 at the .786.

With 3,672 being the ultimate test before the path to 5k can begin.

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What are your moves?

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