I'm bullish on Ethereum. It has broken out of the box, if it can consolidate above it we'll have a bullish confirmation. Waiting for price action to retest the box , that would be our confirmation signal to enter the trade.
Please remember , that the length of the pole going into the box is the same, when leaving the box.
I expect Ethereum to hit $4300, I'm not excluding a move higher to $5500.
MACD is also about to cross and price is moving away from the moving averages.
Remember to set a stop loss in order to protect your capital.
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