ETH - What nobody sees

Jan 4, 2023

Ethereum currently attempting at breaking its long term bear market resistance.
No FOMO yet, we need to wait the daily close to be sure.
Another bullish indicator is the RSI who broke its triangle contraction cone to the upside. It should reach the upper value of the triangle which is 70.
Next key level is at 1350$ for ETH.

Here is a MTF view which indicates the breakout and that price is looking to make support.

Jan 12, 2023

Comment

We broke out, now reaching an important resistance. I won't be greedy and take profit right there, then wait and see.