ETH successfully reached the target price after breaking through the ascending triangle pattern, reaching the highest price 1345.87.
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ETH has broken through the resistance of 0.618, pay attention to the situation of the 1D closing price to judge whether it is stable.
At present, ETH is consolidating around 1330.00. This price is also the POC of the previous consolidation range. If the closing price of ETH is higher than the previous high of 1351.87, ETH will have a larger bottom pattern.
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It is worth noting that this price range is also very close to the resistance trend line, and ETH has the opportunity to be under strong selling pressure here.
If there is a breakthrough, you can pay attention to 1446.43.
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