so $1622 could be the next stop but we most likely see bears take over for a bit at this quick of a increase in price
$1475 was ETH ((ATH) All Time High)) a very important level to be breaking through.
take a look at the 24th-26th of May 2021 where we have $1000 increase on $1800 we could be seeing something similar in a pattern that may continue to push upwards to $1689 where the thick black trendline pushes downward for a 3rd touch, before the retrace happens.
keep in mind it could be another bull flag but
i doubt well see the full bull run come within the next months; anything is possible.
typically when we have this big of a leg up expect a retrace to level out the market.
$978 would be a nice support for a low-low but we see strong support on the black line coming up around $1240
scalps are a great way to make some profit, and its better then holding onto those long positions that you can always buy back into.
everything comes with a grain of salt so do you own TA
just TA not FA.... and have fun with it.
$1475 was ETH ((ATH) All Time High)) a very important level to be breaking through.
take a look at the 24th-26th of May 2021 where we have $1000 increase on $1800 we could be seeing something similar in a pattern that may continue to push upwards to $1689 where the thick black trendline pushes downward for a 3rd touch, before the retrace happens.
keep in mind it could be another bull flag but
i doubt well see the full bull run come within the next months; anything is possible.
typically when we have this big of a leg up expect a retrace to level out the market.
$978 would be a nice support for a low-low but we see strong support on the black line coming up around $1240
scalps are a great way to make some profit, and its better then holding onto those long positions that you can always buy back into.
everything comes with a grain of salt so do you own TA
just TA not FA.... and have fun with it.