ETH is looking very bullish. Seems like an ABCDE, but what's weird is that it almost looks like a symmetrical triangle with wicks forming an ascending triangle. I longed. Target 1: 580. Target 2: 900.
Commentaire:
ETH Daily looks a bit overbought. It is flagging on low TFs. If it breaks up watch for a possible bull trap - could top around 390 then fall back to around 300 before a bounce and breakout. Looks like an ascending triangle to me.
I think this will come down to fundamentals, which I think are bullish and will be very bullish next year. Time will tell :D