Ethereum to 3000$ - ETH POSSIBLE SWING ZONE
2024-10-16

Hello friends,

Crypto markets and risk assets have been performing well recently.

Bitcoin is beginning its delayed bullish momentum and catching up with indices like the S&P 500.

Ethereum and altcoins are also following this bullish trend.

I believe we may see Ethereum experience a small retracement to the marked zone labeled as the 'Long Zone,' and from there, it could take off toward Target 1 and Target 2, eventually reaching $3,000 in my opinion.

The 'Long Zone' is the area where I consider a swing position for Ethereum.

Of course, don’t forget about the geopolitical risks and the U.S. elections on November 5th. The momentum could shift significantly if we receive negative news.

Please be cautious and avoid taking risks that you aren’t prepared to lose.

Nothing I share is financial advice. For educational purposes only.