ETH 🚀 ready for an ATH

Falling wedge spotted on multi TFs in the BTC pair. Price broke-out of the falling Wedge on all and looks good for an upward rally.

The breakout was also in congruence with a bounce from pitchfork p3 sub 3 line.

On the daily, We may want to see a retest of the p1 line which may give us a good price action on the both the BTC & USD pair.

The breakout was probably triggered by EIP-1559 proposal initiated by VitalikB which may relieve the scalability issue associated with Ethereum network.

Price looks primed for a new ATH on the USD Pair.

Send it Gents!


ETH 🚀
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