Ethereum repeats signals before a 25,000% rise
Three ETH charts are showing signs that were last seen in 2017 before the largest bull run.
What are the signals:
– rare Dragonfly Doji candle on the monthly timeframe — indicates a possible reversal;
– retest of the long-term parabolic support zone;
– Z-Score MVRV back in the accumulation zone, indicating the asset is undervalued.
In 2017, these signals preceded the rise of ETH from $6 to $1,400.