ETH Line chart, Watch the red lines
2 trend Red lines in place over the daily close Price defining a triangle pattern
Both have 3 Points which suggests enough respect.
My impression we will test an ATH but conservative approach for short-term traders is to watch, for now, find entry above the red lines and book partial profits as price goes higher.
Long term traders, hold.
ETH has followed BTC for some time, run its own course other times and recently seems to be leading, Who knows what the future holds.
Keep a close eye on the daily close.
Fundamental news for ETH that may drive a change
coindesk.com/miners-ethereum-transactions-gas-limit/
best of luck for all.
Both have 3 Points which suggests enough respect.
My impression we will test an ATH but conservative approach for short-term traders is to watch, for now, find entry above the red lines and book partial profits as price goes higher.
Long term traders, hold.
ETH has followed BTC for some time, run its own course other times and recently seems to be leading, Who knows what the future holds.
Keep a close eye on the daily close.
Fundamental news for ETH that may drive a change
coindesk.com/miners-ethereum-transactions-gas-limit/
best of luck for all.
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