COINBASE:ETHUSD   Ethereum
We broke the downtrend on ETHUSD!!
This one here:
Bitcoin and Ether played well off of each other to break some trends.

*Keep in mind that we have the bullish trend line that we've dealt with two MAJOR pullbacks in the past.
This also happens to correlate with the 3000 mark. So i think it will be interesting.

I could definitely see a pull back into the weekend, but likely not re-entering that downtrend we broke out of.
Nice big blue candle at the moment on the daily. But looks similar to 2021-07 pattern pullback.

If we bust through this, there is a good chance we go to 3400 and possibly 3515 in short-term.

I would love to hear some other ideas and references to others thoughts.

- May the odds be ever in your favour
Inaugural
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.