- Bitcoin has been leading this entire market during the recent rally which makes sense as a potential spot ETF approval is a big narrative/upside catalyst
- ethereum has been lagging but low-timeframes (comments) suggest it too is ready for a macro break out
- with this being a clear ascending triangle, ETH´s upside target is anywhere between 2800 - 3200$
- ethereum has been lagging but low-timeframes (comments) suggest it too is ready for a macro break out
- with this being a clear ascending triangle, ETH´s upside target is anywhere between 2800 - 3200$
Note
Clear S/R flip on the 4H timeframe.Note
ETH explodes soon I believe. If this is bullish we don´t see 2000 again.Note
Took way longer than expected but ETH has finally broken out.First target around 2600 - 2700, likely trades over 3000$ over time as well.
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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.