ETH blasted out of a mega-triangle, topping at 2.80 k, and keeps pressing along an aggressive rising trendline. Candles are marching through overlapping consolidations, each one springboarding higher; sustain footing above 2.55 k and the route to the 3.0-3.1 k sell zone stays paved. Slip back under 2.40 k and a broad retest of the prior wedge roof near 2.25 k awaits.Trade active
ETH rocketed from a mega-triangle and is now pressing the upper edge of a long ascending pennant whose apex sits near 2.8 k. Holding the dynamic support at 2.55 k keeps the measured move toward the 3.0-3.25 k sell-zone alive; lose it and 2.25 k offers a safer harbor while the macro uptrend endures.
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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.