Ethereum is very shy. Generally, it looks much better than for example Litecoin or Cardano, at least at the moment. We already know what these very slow escapes from Falling Wedges can be a sign of a beginning accumulation (!). The absolute key-level to overcome for ETH is the price of $180 and after that the $200 to produce a higher high and initiate the next bull-cycle. So far there is no reason to rush any decisions here, simply because Ethereum did not decide to resolve bullishly just yet on the Daily. Stay patient, it´s still not impossible to see the lower $160´s again, where the Quarterly Pivot S1 is located, and then range between $160 and $180 depending on what Bitcoin does.
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t.me/nerugroup
Warm regards,
Neru
__________________________________
t.me/nerugroup
Warm regards,
Neru
