Locally, we have $ETH in a consolidation range from 1740 to 1860. The exit from the consolidation range often ends with an impulsive breakout upwards. In our case, it is also accompanied by a descending structure in the range of 2000-2100.
And since Bitcoin has already broken the descending structure, it is logical that Ethereum is also at the breaking stage. Globally, we have many levels of liquidity above the local highs, so I expect a move upwards 🕊️
And since Bitcoin has already broken the descending structure, it is logical that Ethereum is also at the breaking stage. Globally, we have many levels of liquidity above the local highs, so I expect a move upwards 🕊️
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ETH
2,431
-1.37%