Let's have a look at how ETH is trading alongside BTC setting a new all time high.
Not much has happened on the side of ETH since our last chart analysis. ETH is lagging in comparison to BTC and is yet to show us a willingness to aggressively push higher.
The plan remains straightforward and the exact same as previously.
IF we reclaim 2.5K and hold it, expect us to aggressively trade towards the 3.4K-4K range.
IF we fail to hold 2.5K (clean break and hold below) expect ETH to trade back toward 1.8K.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Not much has happened on the side of ETH since our last chart analysis. ETH is lagging in comparison to BTC and is yet to show us a willingness to aggressively push higher.
The plan remains straightforward and the exact same as previously.
IF we reclaim 2.5K and hold it, expect us to aggressively trade towards the 3.4K-4K range.
IF we fail to hold 2.5K (clean break and hold below) expect ETH to trade back toward 1.8K.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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