Already up 4.5% in the current session, ETH is already looking to continue to the next upside resistance in confluence with the prior analysis on the rest of the market.
Breaking out of the $170 weekly resistance region it does appear we could see the $180 monthly resistance in the next day or 2. A breakout of the month resistance leads us to the $200 key level and from there the $220 major resistance region.
For an added confluence by applying the Fibonacci tool to the A wave on the daily. We can see the upside .27 , .618, and 100% extensions align with precision on the upside levels.
I am currently more bullish on ETH in comparison to BTC because it is lagging behind relatively.
*This is not financial advise, and intended for educational purposes only*
Breaking out of the $170 weekly resistance region it does appear we could see the $180 monthly resistance in the next day or 2. A breakout of the month resistance leads us to the $200 key level and from there the $220 major resistance region.
For an added confluence by applying the Fibonacci tool to the A wave on the daily. We can see the upside .27 , .618, and 100% extensions align with precision on the upside levels.
I am currently more bullish on ETH in comparison to BTC because it is lagging behind relatively.
*This is not financial advise, and intended for educational purposes only*
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.