Ethereum similar to Bitcoin is in an up-trending bullish channel. We are now at the ATH resistance, a break of this resistance would push ETH to the psychological level of $5000. At this point, we could see a re-test of $4000 support to continue much higher.
We are looking at a price action overlay from the 17th of June to - 24th of October.
We are looking at a price action overlay from the 17th of June to - 24th of October.
Note
Conversely, A break of the channel support would put us into bearish/consolidation territoryNote
4800 has been hit manage risk and enjoy profit
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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.
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.