ETH/USDT Big Move Incoming: New All-Time-High Soon?

٩ يناير ٢٠٢١

ETH/USDT is forming a pennant on the 1H chart. With all the bullish sentiment surrounding Bitcoin and crypto in general I'd be very surprised if the pennant breaks out on the downside instead of on the upside.

My previous few ETH calls were spot-on, let's hope I'm right again! Would be truly amazing to see a new ATH on ETH in the near future.

I've marked two areas of resistance on the chart, R1 and R2. R1 based on the most recent top and R2 being the last major resistance before the ATH around $1430. Be careful around those areas, happy trading!