Moshin_GW

$ETH/USD breaks out of the resistance line!

Long
BITSTAMP:ETHUSD   Ethereum
ETH broke above $3,300, which had been held high for a long time. This breakthrough is a major event that raises market sentiment. There is a possibility that it will rise further from here.

If ETH passes around $3,500, which is the immediate resistance line, there is no clear resistance line up to the record high of $4,300. Therefore, from here on, it will possibly continue to rise toward the record high.

The market is completely returning to the uptrend. Even with on-chain data, the number of addresses with balances continues to increase and long-term holders continue to buy and collect.

On the other hand, in a strong rising market, caution is required for sudden adjustments.

There is also an important US economic indicator announcement this week. It's going to be a week that won't let you down.

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