Ethereum

Many guys are asking me, once again Why ? $ETH is stopped ✅ at the same place & $BTC is moving in.

STORY TIME 📖 

$ETH after a Brutal recovery‼️, forming an Ascending Triangle pattern in the 4H chart, the reason behind the slow down is the consolidation. 

As you can see, $ETH is consolidating a Breakout from this ascending triangle structure that could lead to a massive pump 🚀 in $ETH. the recent HL is more confirming the breakout is coming.

We can execute a Trade within $ETH too 👀, but yes after the Breakout from the strong Horizontal resistance. 

IMPORTANT LEVELS:

$2690 - $2730 is the strong horizontal resistance for $ETH a Breakout from here will be a BoS for us. 

$2731 is our entry price. 

Profit target 🎯 & Stop-loss target will update you soon, stay tuned for that because my strategy is to Trail profits in $ETH from this spot.

Don't forget to manage your risks.