🔥 Ethereum On Massive Resistance: Wait For Break Out

١ أبريل ٢٠٢٣

ETH has been rangebound for around two weeks now. On six occasions, ETH came into the yellow area of resistance, but failed to break out of it.

Currently, we're a couple of percent under the resistance. I'm going to wait for a break out to confirm the bullish bias. Ideally, we get a big green candle to start the break out.

In case of a bullish break, targets in blue.