RichTL

ETHEREUM taking the last breaths before shooting up

Long
KRAKEN:ETHUSD   Ethereum
Hello Everyone

ETHEREUM is taking the last breath before shooting up !

1- Retesting the Daily Trendline (in black)
2- H4 channel formation (in blue)
3- Demand Zones (in purple)
4- Daily Support and psychological levels 400.0 or 500.0 (in blue)
5- H4 RSI Divergence
6- USD index is losing strength and showing early reversal signs like divergence, and now on a strong supply area
thus, if USD goes down => ETHUSD would obviously go up !

*Aggressive Trigger would be any Daily reversal candlestick pattern

*Conservative Trigger would be H4 channel break (in blue)

Good Luck !
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