Ethereum got a nice lift, securing the $1700 handle for the time being. We have broken out of what appears to be an inverse head and shoulders pattern with the neckline at $1717. We are in the middle of a vacuum zone right now, with the next level above at $1821. We may expect some ranging in this area. After $1821, the next targets are $1872 and $1906.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.