An insanely bullish setup showing on ETH that i suspect literally everyone is noting right now. Strong uptrend, clear resistance level around $4000 that is being retested with a consolidation just underneath that level. We just need a close above resistance (with volume) and then I think we are on our way up! The chart would suggest that breakout should come within the next 1-3 weeks but we’ll see. I’m not one for price predications, but $6,000 does look a simple and achievable first stop on the run.
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.