ETHUSD upside breakout?

POLONIEX:ETHUSDT   Ethereum / Tether USD
Looking at the descending flag from ATH, we are near the top of the channel and are testing the long-term 50% retracement---which was recently strongly rejected (long 13% wick) .

However, I believe momentum continues to build to the upside. The price appears to be consolidating into the (admittedly heavily skewed) funnel. We may see major volume in the next two hours.

I am going long with a $300 target.


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