Ethereum has been trading below the Bear Market Resistance line for almost 1.5 years now. However, this might soon come to an end.
In my view, a break out through this resistance can be the catalyst of a new bullish phase for ETH. BTC has already broken out through a similar Bear Market Resistance a couple of weeks ago, so now only ETH remains. Once the two biggest crypto's will be trading above said resistance it will give a clear bullish signal to the market.
I'm looking at the blue lines for my targets. Wait for the break out.
In my view, a break out through this resistance can be the catalyst of a new bullish phase for ETH. BTC has already broken out through a similar Bear Market Resistance a couple of weeks ago, so now only ETH remains. Once the two biggest crypto's will be trading above said resistance it will give a clear bullish signal to the market.
I'm looking at the blue lines for my targets. Wait for the break out.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
