Ethereum has officially broken out above its previous ATH structure, entering a new price discovery phase.
📅 In 2018, ETH peaked, then spent years consolidating in a broad range before launching into the 2021 bull cycle.
Once the 2018 ATH was broken, ETH rallied nearly +250% in discovery mode, printing its 2021 ATH.
🏹After another extended range, ETH is now repeating history: breaking out again with room for another price discovery rally.
⏱️If ETH mirrors the last cycle’s percentage gain, the next optimistic target sits around $17,000–$18,000, aligning with a potential +250% leg from current breakout levels. 🚀
Cycles may not repeat perfectly, but they often rhyme — and Ethereum’s structure suggests we could be on the verge of another explosive move.
What do you think — can ETH surprise the market again this cycle? 👀🔥
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📅 In 2018, ETH peaked, then spent years consolidating in a broad range before launching into the 2021 bull cycle.
Once the 2018 ATH was broken, ETH rallied nearly +250% in discovery mode, printing its 2021 ATH.
🏹After another extended range, ETH is now repeating history: breaking out again with room for another price discovery rally.
⏱️If ETH mirrors the last cycle’s percentage gain, the next optimistic target sits around $17,000–$18,000, aligning with a potential +250% leg from current breakout levels. 🚀
Cycles may not repeat perfectly, but they often rhyme — and Ethereum’s structure suggests we could be on the verge of another explosive move.
What do you think — can ETH surprise the market again this cycle? 👀🔥
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade Made Simple
RichTL.com
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CFD broker - Tickmill
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Veles - Create Trading Bots
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RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trade Made Simple
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
RichTL.com
Telegram
t.me/thesignalyst
CFD broker - Tickmill
cutt.ly/TickmillReal
Veles - Create Trading Bots
veles.finance/invite/thesignalyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.