After ETH's breakout above $350 finally back above $400, I definitely expected ATH's of high $500; $600 more or less. Not bearish on ETH, but both short & long entries are possible seeing pickup in volume. Seeing BTC consolidation after the surge over $16k + start of BTC futures - ETH has pretty solid setup for high $500 target price if/when $515-$525 wall is broken.
Trade closed: target reached
LoooooongDisclaimer
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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.