The range is going to break soon, price looks primed to test 3200 area. Lots of wicks cleared overhead resistance. My plan is to take 25% off at 3200 and let the rest run. I like Eth to hit ATH by around Thanksgiving. On the TD indicator (momentum), eth is hitting green 2s on a lot of bigger timeframes, this is not something that happens too often. Last time i came across such a confluence it was Zoom pre-covid.
Trade active
Looking to buy more at about 2800 (maybe a bit higher 2850). I expect a minor correction over next couple days. Note
eth acting very strong.Trade closed: target reached
25% taken off. Letting the rest ride. I will add on a retest of 2800
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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.