ETH has broke out of its ascending channel and formed another ascending channel and guess what?? It broke out of that too!! Now it has touched 900 on Binance and got rejected really strong all the way back to 880. Both stochastic RSI and RSI is the highest level possible (100) at the hourly and 4-hour time frames, so there must be a consolidation period soon. I expect a pullback starting from tomorrow with markets opening.
Share your thoughts on my idea in the comments section!!
Happy Trading!!
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