ETH has been moving strongly to upside within this channel for weeks now . Since we have broken out of previous resistance and already had price reject printing a bullish engulfing candle on the first retest . We are also testing the 50 MA so we could rally based on these confluences... If this level can hold strong we could get a nice impulse to the upside with targets $500-520
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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.