- last follow up on this analysis where I correctly called out the macro low for this asset:
- 4K was strong resistance for almost a year and a half however with it being conquered it is likely ETH goes much much higher
- in an overall descending broadening wedge pattern that has a projected target north of 6000$
- fundamentals extremely favourable, ETH treasury companies poping up and most importantly the imminent approval of the staking ETF
- 4K was strong resistance for almost a year and a half however with it being conquered it is likely ETH goes much much higher
- in an overall descending broadening wedge pattern that has a projected target north of 6000$
- fundamentals extremely favourable, ETH treasury companies poping up and most importantly the imminent approval of the staking ETF
Trade active
Breakout behaving exactly as it should, target of +6000$ per ETH active.
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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.