Visited 21 day MA. Recently broke symmetrical triangle to the upside. Touched ATH price, MAYOR key level. With significant volume. BTC volume flowing to ETH and alts. Probable scenario 1: BTC consolidates for a few days, this will consolidate ETH from 1200s to 1400s, until it eventually breaks ATH zone. Scenario 2: Hype will drive ETH price skyrocket clearly above...
Wait for breakout for the upside, enter aprox @442, SL@420 Global uptrend BTC dominance falling
ETH formed a symmetrical triangle and recently broke resistance, At the moment of writing this idea is retesting the pattern. We’ll need confirmation of the retest. A good entry would be @750 I think. A conservative price prediction could be @810, key level after 2018 dump, looking at the past. Volume surged at breakout. At retest @729, went really really down,...
Looking at the daily time frame and zooming out a bit. It's visible a breakout of a ascending channel. Started at the beginning of 2020 dip. Now a breakout of the resistance occur, the price consolidated over the resistance, creating a new support around the price of 657 aprox. and recently the price passed that price mark. This is a year long movement. Expect for...