Ethereum
Long

Eth may retake 4k if we break out of this asymetrical triangle

1 382
Eth may retake 4k if we break out of this asymmetrical triangle.

IF we break the upper trend line we should see a quick pump to 4k. this has a statistical probability of 70%.

We are currently in an accumulation zone and the big resistance to beat will be a distribution/ resistance at 4k.

If 4k turns to support we go to 7k on a large cup and handle.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.