ETHUSD: All Time's High & Important Decision Ahead

2021年10月29日

Ethereum is testing an all-time's structure high at the moment.
On 12h time frame, we see a perfect example of a bullish accumulation within a horizontal decision range.
In case if bulls manage to break and close above the resistance of the range,
a bullish wave will be expected.

Next resistance will be 5.000$

In case of a bearish breakout of the range, the setup will be invalid.
The price may start a correction cycle.

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