ETH/USD - Key resistance broken, $2,500 and 3,000 next! 🚀
As predicted in my last ETH idea both ETH and BTC were posed to break their resistance and set new highs... and here we are today. ETH and BTC broke the resistance at the same time as if they coordinated this break together. :D
Now we set a new ATH and we're back into price discovery... this is very bullish and I don't see us face much resistance until we reach around $2,500 and after that 3k.
Going long on this breakout was a great entry, with good profits to be made.
The indicators on 4h and daily are very bullish and I expect a nice continuation until we reach the next resistance levels. Watch price action around $2,367 and then $2,659 as shown by the Fibonacci levels.
Bias remains very bullish and if the total crypto market cap is of any indication (see below my idea), this break will be the start of a massive bull push higher after a nice consolidation.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Now we set a new ATH and we're back into price discovery... this is very bullish and I don't see us face much resistance until we reach around $2,500 and after that 3k.
Going long on this breakout was a great entry, with good profits to be made.
The indicators on 4h and daily are very bullish and I expect a nice continuation until we reach the next resistance levels. Watch price action around $2,367 and then $2,659 as shown by the Fibonacci levels.
Bias remains very bullish and if the total crypto market cap is of any indication (see below my idea), this break will be the start of a massive bull push higher after a nice consolidation.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Related publications
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.