Etherum has been in a trend channel the whole month. Mostly all DEFI tokens has pumped more than 500% but ETH has not yet broken its all time high with power.
Some of the DEFI tokens that has pumped over 500% just in january: UNI Sushi CRV Alpha and many more.
Now is the time for ETH.
Going long x30 in the price area of 1300-1320.
Target 1: 1550 USD
Target 2: 2000 USD
Note
We took an entry at 1297 and closed it at 1226 with an x30 levrage.
BTC is a huge factor here. If btc cant go over its current shortterm resistance level and drops, it will cause a drop here for ETH aswell. We will take a new entry around 1290 area with levrage 20-25x.
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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.