After a nice bullish accumulation within an ascending triangle formation, ethereum finally managed to break and close above 1445 structure resistance.
With that breakout, the price set a new all times higher high higher close.
If you missed a long entry, consider the narrowing area between a broken horizontal structure and rising trend line. that is our local demand zone and safe point to buy from.
Concerning the next goal for buyers, I have projected the range of the ascending triangle. I took the strongest impulse leg within that and projected it from a broken structure.
It perfectly points to the 2000 level. It is a nice psychological round number as well. Also, please consider 1712 level. It is just the middle of the projected impulse leg, based on my experience I noticed that it matters as well.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.