Mikkel99

ETH possible next run up

Long
KUCOIN:ETHUSDT   Ethereum / Tether
Ethereum (ETH) struggles to get past its resistance at around 2100$, but keeps setting higher lows, forming whats called a 'bullish ascending triangle'.

I believe ETH might follow the current correction happening to alt coins and drop down to the bottom of the trend line around 1650$. If this holds and ETH breaks the resistance at 2100$, there is a good chance we get a run up of around 60%, if not more.

I am looking to enter at the 1650$ level and my first target will be at 2700$, as can be seen in the graph.

Always remember, do your own research before making investments.
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