Ethereum -> Finally The Break
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum just recently perfectly retested and already rejected the previous all-time-high of the 2018 crypto cycle.
You can also see that we are approaching a massive
2000 area resistance, however I do expect Ethereum to break above the resistance and then just create more continuation towards the upside.
On the daily timeframe you can see that Ethereum already broke above a previous daily resistance area exactly at $1700 so I am now just waiting for a deep retest and some confirmation before I then do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
https://www.tradingview.com/chart/ETHUSD/lf2PEKdy-Ethereum-Breakout-Time/
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Ethereum just recently perfectly retested and already rejected the previous all-time-high of the 2018 crypto cycle.
You can also see that we are approaching a massive
2000 area resistance, however I do expect Ethereum to break above the resistance and then just create more continuation towards the upside.On the daily timeframe you can see that Ethereum already broke above a previous daily resistance area exactly at $1700 so I am now just waiting for a deep retest and some confirmation before I then do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
https://www.tradingview.com/chart/ETHUSD/lf2PEKdy-Ethereum-Breakout-Time/
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Click here: basictrading.net
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Keep your long term vision.
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