flag/horizontal congestion over the last several weeks and breakout today. Look for a pullback to resistance to go long with a target of 5K. This is the measured move based on the length of strong uptrend ETH displayed prior to the congestion.
A more conservative move would be the length of the rectangle add to the resistance breakout point.
A more conservative move would be the length of the rectangle add to the resistance breakout point.
Comment:
bounced right back to support of breakout; good buying opportunity if you missed the initial push