{"id":436336,"date":"2020-08-26T20:00:08","date_gmt":"2020-08-26T20:00:08","guid":{"rendered":"https:\/\/ktsl888.com\/?p=436336"},"modified":"2024-06-11T14:15:38","modified_gmt":"2024-06-11T14:15:38","slug":"ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/","title":{"rendered":"Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent"},"content":{"rendered":"<p>Ethereum has spent more than two years in being accumulated by <a href=\"https:\/\/ktsl888.com\/2020\/08\/07\/this-smart-money-indicator-uncovers-early-signs-of-an-ethereum-reversal\/\">smart money<\/a> at low prices ahead of substantial markup. It has caused the asset to outperform most of the crypto market, including Bitcoin.<\/p>\n<p>However, a new accumulation pattern that Ethereum could be trading within, may suggest that there is one major retest of former resistance turned support before the next major bullish impulse upward.<\/p>\n<h2>ETHUSD ROI Reaches 200% YTD, Up Nearly 400% From Black Thursday Bottom<\/h2>\n<p>Ethereum is up just under 200% in year-to-date 2020 returns. The top-ranked altcoin <a href=\"https:\/\/ktsl888.com\/2020\/08\/07\/ethereum-bitcoin-gold-stock-stimulus-check\/\">is also up just under 400% from its Black Thursday low<\/a>. But it is still nowhere near its previous all-time high.<\/p>\n<p>The cryptocurrency set the record in early January 2018, just as Bitcoin&#8217;s bubble was popping. Ethereum&#8217;s rise and rally were fueled by the overall crypto market rising tide, <a href=\"https:\/\/ktsl888.com\/2020\/06\/19\/the-great-ethereum-debate-defi-versus-icos\/\">and a boom in initial coin offerings<\/a>.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/ktsl888.com\/2020\/08\/07\/ethereum-bitcoin-gold-stock-stimulus-check\/\">Ethereum Beats Bitcoin, Gold, and Stocks In Stimulus Check Investment<\/a><\/strong><\/em><\/p>\n<p>ICOs eventually dried up, and demand for Ethereum did as well, causing a nearly 95% collapse in the smart-contract focused altcoin.<\/p>\n<p>But after two years of bear market accumulation phase at low prices, Ethereum has started to recover towards its former all-time high of $1,400. Before it gets there, however, the cryptocurrency may have another retest or two ahead of it, before the new bull run in Ethereum begins.<\/p>\n<h2>Ethereum Accumulation Cylinder Suggests Major Retest Before Full Bull<\/h2>\n<p>Several financial analysts have dedicated their study toward understanding different phases of market cycles. <a href=\"https:\/\/ktsl888.com\/2020\/06\/09\/bitcoin-price-wyckoff-distribution\/\">Richard Wyckoff popularized accumulation and distribution theories<\/a>, however, <a href=\"https:\/\/en.wikipedia.org\/wiki\/Jesse_Lauriston_Livermore\" target=\"_blank\" rel=\"noopener nofollow\">Jesse Livermore<\/a> also spotted his own unique accumulation pattern.<\/p>\n<p>According to Livermore, assets can accumulate in a widening wedge-like manner. Price oscillates between two widening trendlines, a full total of seven times, before acting as a launchpad toward peaks eight, nine, and ten.<\/p>\n<p><img data-recalc-dims=\"1\" height=\"860\" width=\"860\" decoding=\"async\" class=\"size-large wp-image-436389 aligncenter\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-jesse-livermore-accumlation-cylinder.png?fit=860%2C860\" alt=\"ethereum jesse livermore accumulation cylinder\" loading=\"lazy\"><\/p>\n<pre style=\"text-align: center\">ETHUSD 2020 Livermore Accumulation Cylinder Pattern | Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/pre>\n<p>The <a href=\"https:\/\/twitter.com\/sawcruhteez\/status\/25113856?s=21\" target=\"_blank\" rel=\"noopener nofollow\">current pattern and price action<\/a> suggests that ETHUSD just tapped the top point of touch four, and is headed toward the lower trendline for touch five. Another rise takes Ethereum to point six, where the fall to lucky number seven starts the parabolic push.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/ktsl888.com\/2020\/08\/22\/time-to-pay-attention-indicator-hints-at-50-or-more-correction-in-ethereum\/\">Time To Pay Attention: Indicator Hints At 50% Or More Correction In Ethereum<\/a><\/strong><\/em><\/p>\n<p>At that point, Ethereum should surge toward new highs, breaking its prior record. Similar breakout targets compared to the last similar structure in Ethereum, would put targets for the next top around $4,500 per ETH token.<\/p>\n<p><img data-recalc-dims=\"1\" height=\"860\" width=\"860\" decoding=\"async\" class=\"size-large wp-image-436391 aligncenter\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-jesse-livermore-accumlation-cylinder2.png?fit=860%2C860\" alt=\"ethereum jesse livermore accumulation cylinder\" loading=\"lazy\"><\/p>\n<pre style=\"text-align: center\">ETHUSD 2017 Livermore Accumulation Cylinder Comparison | Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/ETHUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/pre>\n<p>For those wanting more validity to these claims and chart patterns, need to look no further than Ethereum&#8217;s last bull run. In a comparative look at the current possible Livermore accumulation cylinder and previous cycle price action, it becomes abundantly clear that the altcoin followed such a pattern almost exactly.<\/p>\n<p>By the time the cycle reached point 15, the bottom was in, a short consolidation phase took place, and now Ethereum has potentially begun its next <a href=\"https:\/\/ktsl888.com\/2019\/09\/02\/livermore-accumulation-cylinder-suggests-bitcoin-to-set-new-ath-next\/\">accumulation cylinder<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ethereum has spent more than two years in being accumulated by smart money at low prices ahead of substantial markup. It has caused the asset to outperform most of the crypto market, including Bitcoin. However, a new accumulation pattern that Ethereum could be trading within, may suggest that there is one major retest of former resistance turned support before the next major bullish impulse upward. ETHUSD ROI Reaches 200% YTD, Up Nearly 400% From Black Thursday Bottom Ethereum is up just under 200% in year-to-date 2020 returns. The top-ranked altcoin is also up just under 400% from its Black Thursday low. But it is still nowhere near its previous all-time high. The cryptocurrency set the record in early January 2018, just as Bitcoin&#8217;s bubble was popping. Ethereum&#8217;s rise and rally were fueled by the overall crypto market rising tide, and a boom in initial coin offerings. Related Reading | Ethereum Beats Bitcoin, Gold, and Stocks In Stimulus Check Investment ICOs eventually dried up, and demand for Ethereum did as well, causing a nearly 95% collapse in the smart-contract focused altcoin. But after two years of bear market accumulation phase at low prices, Ethereum has started to recover towards its former all-time high of $1,400. Before it gets there, however, the cryptocurrency may have another retest or two ahead of it, before the new bull run in Ethereum begins. Ethereum Accumulation Cylinder Suggests Major Retest Before Full Bull Several financial analysts have dedicated their study toward understanding different phases of market cycles. Richard Wyckoff popularized accumulation and distribution theories, however, Jesse Livermore also spotted his own unique accumulation pattern. According to Livermore, assets can accumulate in a widening wedge-like manner. Price oscillates between two widening trendlines, a full total of seven times, before acting as a launchpad toward peaks eight, nine, and ten. ETHUSD 2020 Livermore Accumulation Cylinder Pattern | Source: TradingView The current pattern and price action suggests that ETHUSD just tapped the top point of touch four, and is headed toward the lower trendline for touch five. Another rise takes Ethereum to point six, where the fall to lucky number seven starts the parabolic push. Related Reading | Time To Pay Attention: Indicator Hints At 50% Or More Correction In Ethereum At that point, Ethereum should surge toward new highs, breaking its prior record. Similar breakout targets compared to the last similar structure in Ethereum, would put targets for the next top around $4,500 per ETH token. ETHUSD 2017 Livermore Accumulation Cylinder Comparison | Source: TradingView For those wanting more validity to these claims and chart patterns, need to look no further than Ethereum&#8217;s last bull run. In a comparative look at the current possible Livermore accumulation cylinder and previous cycle price action, it becomes abundantly clear that the altcoin followed such a pattern almost exactly. By the time the cycle reached point 15, the bottom was in, a short consolidation phase took place, and now Ethereum has potentially begun its next accumulation cylinder.<\/p>\n","protected":false},"author":517,"featured_media":436351,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,13625,4],"tags":[134,6664,65296,1946,8686,78803],"class_list":["post-436336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-ethereum","category-analysis","tag-altcoin","tag-crypto","tag-ethbtc","tag-ethereum","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\n<title>Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent<\/title>\n<meta name=\"description\" content=\"Ethereum has spent more than two years in being accumulated by smart money at low prices ahead of substantial markup. It has caused the asset to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent\" \/>\n<meta property=\"og:description\" content=\"Ethereum has spent more than two years in being accumulated by smart money at low prices ahead of substantial markup. It has caused the asset to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-26T20:00:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:15:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/\"},\"author\":{\"name\":\"Tony \\\"El Toro\\\" Severino\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent\",\"datePublished\":\"2020-08-26T20:00:08+00:00\",\"dateModified\":\"2024-06-11T14:15:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/\"},\"wordCount\":478,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707\",\"keywords\":[\"altcoin\",\"crypto\",\"ethbtc\",\"ethereum\",\"ethusd\",\"ETHUSDT\"],\"articleSection\":[\"Cryptocurrency Market News\",\"Ethereum\",\"Technical analysis\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/\",\"url\":\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/\",\"name\":\"Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707\",\"datePublished\":\"2020-08-26T20:00:08+00:00\",\"dateModified\":\"2024-06-11T14:15:38+00:00\",\"description\":\"Ethereum has spent more than two years in being accumulated by smart money at low prices ahead of substantial markup. It has caused the asset to\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707\",\"width\":2560,\"height\":1707,\"caption\":\"Young businessman using a red cloth to face angry bull, symbolizing business strategy\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"El Toro\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"El Toro\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/ktsl888.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent","description":"Ethereum has spent more than two years in being accumulated by smart money at low prices ahead of substantial markup. It has caused the asset to","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent","og_description":"Ethereum has spent more than two years in being accumulated by smart money at low prices ahead of substantial markup. It has caused the asset to","og_url":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2020-08-26T20:00:08+00:00","article_modified_time":"2024-06-11T14:15:38+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707","type":"image\/jpeg"}],"author":"Tony \"El Toro\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"El Toro\" Severino","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/"},"author":{"name":"Tony \"El Toro\" Severino","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent","datePublished":"2020-08-26T20:00:08+00:00","dateModified":"2024-06-11T14:15:38+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/"},"wordCount":478,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707","keywords":["altcoin","crypto","ethbtc","ethereum","ethusd","ETHUSDT"],"articleSection":["Cryptocurrency Market News","Ethereum","Technical analysis"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/","url":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/","name":"Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707","datePublished":"2020-08-26T20:00:08+00:00","dateModified":"2024-06-11T14:15:38+00:00","description":"Ethereum has spent more than two years in being accumulated by smart money at low prices ahead of substantial markup. It has caused the asset to","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707","width":2560,"height":1707,"caption":"Young businessman using a red cloth to face angry bull, symbolizing business strategy"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"El Toro\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"El Toro\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/ktsl888.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent","url":"http:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","crypto","ethbtc","ethereum","ethusd","ethusdt"],"dateCreated":"2020-08-26T20:00:08Z","datePublished":"2020-08-26T20:00:08Z","dateModified":"2024-06-11T14:15:38Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/ethereum-potentially-trades-inside-livermore-accumulation-cylinder-pattern-new-ath-imminent\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/08\\\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"crypto\",\"ethbtc\",\"ethereum\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2020-08-26T20:00:08Z\",\"datePublished\":\"2020-08-26T20:00:08Z\",\"dateModified\":\"2024-06-11T14:15:38Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/08\/ethereum-full-bull-accumulatoon-Depositphotos_65597231_xl-2015-scaled.jpg?fit=2560%2C1707","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/436336"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=436336"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/436336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/436351"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=436336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=436336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=436336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}