Eth has been forming a ascending channel since 30th of September this year. Only 2wice broke out temporarily Oct 21, and Oct 27.
100 EMA has been serving as great form of support on 4HR time frame. We haven't observed any divergence on RSI either. ETH bullish movement from TA stand point is strong.
Analysts are predicting ETH to break new All time high soon.
Trade active
Possibility of ETH retracing to level 1 and 2 support still present. However, current momentum strong enough to reach new ATH.
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