Ethereum (ETH): Strong Breakout From EMAs | Buyers Dominating

A strong breakout happened on Ethereum, where we broke out from the local resistance zone on smaller timeframes and now we also have a very strong bounce from EMAs.

This might be the start of Ethereum's bull run, where most of the money inflow will now be into this one. We have 2 possible moves here where ideally we would need a smaller correction to secure that lower breakout zone so we are looking mainly for this area there.

As long as we are above that area, we will be looking for a bullish outcome (despite the fact that yesterday we had one short position on ETH).

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