Maximilian_FX

ETHUSD: Price race to highs of 4800?

Long
BINANCE:ETHUSD   Ethereum
Hello dear friends, let's embark on a fresh ETHUSD strategy with me today!

Today: ETHUSD reached $3432 and is operating well within an ascending price channel on the weekly chart, after it bounced off the market's previous downtrend from highs of $4970.

Currently, gold is operating near the resistance level of $3500, with immediate support at $2800. Breaking below this level would lead to a significant price decrease, while maintaining it would result in price increase.

Given the current picture, can we expect a race towards new highs? And what about you, are you anticipating a price surge?
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