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Nov 6, 2023 9:32 AM

ETHUSD Is Trying To Breakout  

Ethereum / U.S. dollarBitstamp

Description

ETHUSD is coming higher after three waves down from 2023 highs, which can be wave 4 within a higher degree leading diagonal. Notice that price is trying to break out of a downward channel as well, so it seems that bulls can be in play and ready to gain much further, especially now when risk-on is back after FED and NFP data last week showed that rates are about to top.

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Grega
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