ETH has finally given us a higher high which indicates we're likely to go beyond our current ATH if this momentum is maintained!
Our current ATH may provide some resistance, but I don't expect us to sit long at that level as we've been building strength to go above it for a month now.
Possible paths on the chart. If we manage to move out of the current ATH resistance, I expect us to quickly move higher, to $1.8k and then $2k.
Indicators and momentum is bullish, the only concern right now is lack of volume, but I am sure that will arrive once we have a clear breakthrough from ATH resistance.
BTC is also bullish, so the market is looking good right now for some new highs, including ETH.
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Our current ATH may provide some resistance, but I don't expect us to sit long at that level as we've been building strength to go above it for a month now.
Possible paths on the chart. If we manage to move out of the current ATH resistance, I expect us to quickly move higher, to $1.8k and then $2k.
Indicators and momentum is bullish, the only concern right now is lack of volume, but I am sure that will arrive once we have a clear breakthrough from ATH resistance.
BTC is also bullish, so the market is looking good right now for some new highs, including ETH.
Like and follow if you liked this idea!
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