Showing off its incredible performance, ETH may establish a new high in the current trend.
Elliot-wise, it may be reforming the triangle or zigzag wave into a more strong impulsive formation.
But the breakthrough would be challenging considering the long-term resistances that would stand in the way: the channel line, the wedge boundary, and the trendlines.
As for oscillators, DMACD (upper one) should zero-cross to shape a true uptrend. Stochastics have already touched the ceiling. RSI (blue) should expand the band defining its movable range.
Plus, while the altcoin season should have helped ETH to dominate, BTC.D seems to be bottoming (not sure; see the related idea below).
