The break out happened quickly and violently. The amount of bullishness came mostly from a short squeeze, check out my BTC analysis where I dig deeper into that.
Since we've seen a ~40% rally in a day or 6, I'm expecting a minor retracement in the coming 2-3 days or so. I'm eyeing the yellow from 2200-2100 to catch the reversal trade.
Crypto right now is interesting. On one hand, it could be the start of more impressive rallies. On the other hand, I found ETHUSD looks a lot like BTC from Jan 2018 to around mid 2018 so far, so I would be curious to see what happens as ETH moves higher.
In any case, thanks for the post, solid analysis.