ETHUSD: All Time's High & Important Decision Ahead

snapshot

Ethereum is testing an all-time's structure high at the moment.
On 12h time frame, we see a perfect example of a bullish accumulation within a horizontal decision range.
In case if bulls manage to break and close above the resistance of the range,
a bullish wave will be expected.

Next resistance will be 5.000$

In case of a bearish breakout of the range, the setup will be invalid.
The price may start a correction cycle.

❤️Please, support this idea with like and comment!❤️
Bitcoin (Cryptocurrency)cryptoCryptocurrencycryptotradercryptotradingETHEthereum (Cryptocurrency)Multiple Time Frame AnalysisRectangleSupport and ResistanceXBTUSD

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/
Also on:

Related publications

Disclaimer