Awinish

ETH still looking bullish on the 4h

Long
FTX:ETHUSD   Ethereum
It looks like Ethereum is clearly forming a descending triangle on the 4h.
The technical target is at around $4450, this is in confluence with the .618 trend based fib extension (so hopefully setting a new ATH and not a scammy one such as last week).

The RSI indicates that there is space for more upside potential
I think that we still can see some volatility ahead but keep hodling ETH and everything will be fine :)

Disclaimer

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.