ETH run still not over
Levels,
White=Monthly
Purple= Weekly
Red=Daily
The monthly level at the bottom of the crash at 360 broken and closed above.
Monthly level from the top of the first wave at 419. Not yet closed above on the weekly but if you go to the daily chart, its rejected off that level perfectly with a long tail.
If we can see a weekly close above 420, the next monthly target is $831.
The next weekly targets are $470 and $555.
With the hype building around DeFi and mainstream adoption, this is definitely not out of the cards + The Stock market is closed on weekends to gamble stimulus money.
At the moment, it's run up too hard and expect some consolidation before running up again.
MACD rising on the weekly as well.
Bullish moving averages
I hold ETH. Perhaps, not enough.
Levels,
White=Monthly
Purple= Weekly
Red=Daily
The monthly level at the bottom of the crash at 360 broken and closed above.
Monthly level from the top of the first wave at 419. Not yet closed above on the weekly but if you go to the daily chart, its rejected off that level perfectly with a long tail.
If we can see a weekly close above 420, the next monthly target is $831.
The next weekly targets are $470 and $555.
With the hype building around DeFi and mainstream adoption, this is definitely not out of the cards + The Stock market is closed on weekends to gamble stimulus money.
At the moment, it's run up too hard and expect some consolidation before running up again.
MACD rising on the weekly as well.
Bullish moving averages
I hold ETH. Perhaps, not enough.