Ethereum is forming an ABCD triangle pattern, some people may say that it's a cup and handle too, however the triangle pattern make more sense to me.
The target for this breakout would be around 2400, however i will start taking profits from 2100 range and upwards.
Hopefully we'll see a run this weekend.
On the other hand ETH/BTC is at an important support area and is ready for a bounce, which helps facilitate this breakout.
Positive news about Ethereum such as "Optimism" is also going to facilitate this breakout.
The target for this breakout would be around 2400, however i will start taking profits from 2100 range and upwards.
Hopefully we'll see a run this weekend.
On the other hand ETH/BTC is at an important support area and is ready for a bounce, which helps facilitate this breakout.
Positive news about Ethereum such as "Optimism" is also going to facilitate this breakout.