CryptoScripts

ETH Pumping! Wave Fusion Buy Signal!

Long
BYBIT:ETHUSDT.P   ETHUSDT Perpetual Contract
Based on our previous idea post for ETH, we can see it broke through both resistance levels (the downtrend resistance at 1260 and the horizontal resistance at 1270) which makes me a lot more confident in this uptrend.

It looks like the Wave Fusion buy signal was stronger than we thought! It called the long from 1240. Now I'm looking at the next horizontal resistance of 1300 and if it breaks that then all aboard the target of 1367! I'm expecting a little chop in between and looking for at least a retest of the 1270 support before continuing higher.

If you have any questions about acquiring the Wave Fusion indicator, or my technical analysis, please comment below or send me a PM :)

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