TradingView
TradeDog-Research
Apr 29, 2021 11:54 AM

ETH-USDT(Consolidation Breakout) Long

Ethereum / TetherUSBinance

Description

On Daily Time Frame, Ethereum has been trading in a Consolidation range and has given a decent breakout.
In the past week when the crypto markets tumbled, Bitcoin is still ~16% short from its ATH while Ethereum is trading at its ATH. It signifies the strength and momentum behind this rally.
The support to the lower side is present at ~$2.5 K while it may move to the levels of $3.1 K in the near future.
Comments
More