Looks like the downward channel has been broken and we are now in an ascending triangle on the daily chart. With the event of EIP 1559 coming out around the first week of July, I am also expecting that will correspond with the pattern we are seeing. 1st target being 4100 area and 2nd target being around 5100-5300, based on a measured move of about 1250. Breakout...
Has already past 32.15 support and looks to target 35.5 next. It is just budding out of its downward channel and with Earnings Report I expect it to be the catalyst to the next target.
I think TSLA will run up to 260 into Earnings Report to retest 260 Support which is now Resistance.
If ER is favorable to wall st, price will move up to test 290.
Clearly in a channel up, with BTC gaining attention we can expect the #2 coin to continue rising along with it. As long as BTC momentum does not breakdown we will continue to see ETH follow.
