ETH breakout
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ETH has formed this ascending triangle over the past eight months and traded beautifully within it.
- Flipped S/R at the daily level (25K sats)
- Breakout of the triangle
FA:
- Whales are accumulating ETH as the number of large ETH adresses has been growing over the past five months
- Grayscale bought nearly half the amount of ETH mined in 2020
- ETH will move from POW to POS.
Entry: now
Targets:
Weekly resistance levels at 31.1K and 36.6K sats.
Not financial advice.
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ETH has formed this ascending triangle over the past eight months and traded beautifully within it.
- Flipped S/R at the daily level (25K sats)
- Breakout of the triangle
FA:
- Whales are accumulating ETH as the number of large ETH adresses has been growing over the past five months
- Grayscale bought nearly half the amount of ETH mined in 2020
- ETH will move from POW to POS.
Entry: now
Targets:
Weekly resistance levels at 31.1K and 36.6K sats.
Not financial advice.
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