ETHEREUM -23/1/2023-
• Symmetrical triangle breakout on daily chart
• Breakout is successful since we had consecutive daily closes above it
• Market is trading above the 200 MA , adding to the bullish picture
• Breakout target is the height of the triangle (1270) added to the breakout point
• Target is around 2700
• Breakout is successful since we had consecutive daily closes above it
• Market is trading above the 200 MA , adding to the bullish picture
• Breakout target is the height of the triangle (1270) added to the breakout point
• Target is around 2700
Ramzi Abou Abdallah, CFTe, CMT
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