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kyer
Jan 31, 2021 7:21 PM

ETHUSD 4H Update - 1/31/21 

Ethereum / U. S. DollarKraken

Description

Going to reverse a little bit more after rejecting off of $1347 - $1373 level and place the 3rd confirmation on this trend line around the $1221 - $1240 level. From here it might trend underneath the uptrend and then breakout or reverse right off of it to $1373 and above. If this plays out it'll pump next week at the earliest around February 4th.

ETH is still consolidating inside this ascending triangle and still has not made a move up or down yet. If ETH breaks out to the top side of this ascending triangle its going to go test $1594 previous 2017 ATH level and above.
Comments
TheSignalyst
Thanks for the update
kyer
@TheSignalyst, No problem
abel11
Great set up dude!
kyer
@abel11, Thank you!!
BigLava
Thanks for sharing here is my setup.

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