ðēEthereum Last Chance
ðēIs this the last chance to buy ETH below $1200?
ðēIt seems so.
ðēLooking at the technical situation and the months-long accumulation around $1200.
ðēWe are slowly running out of strength to continue declines.
ðēAt least to make new lows.
ðēThere is no longer a willingness to resell ETH at lower prices.
ðēLooking at the price action environment and technical analysis indicators, there is a good chance of ETH breaking out above $1200 in the next few weeks.
ðēI have set a support zone near the levels that have been a strong barrier difficult to break through.
ðēThe nearest strong resistance zone is around the 0.618 level of the entire upward wave from the bottom to the recent local peaks.
ðēThe scenario I am playing out is to wait for the start of a new wave of Ethereum strengthening. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
ðē*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
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