ETH wants to go high

ETH has formed nice support channels. The past 4 days has been traded above the 0.236 FIB level, and has been well supported in the red lower trendline and the orange trendline, which is a very strong support line. I can see at least 3 crucial points where ETH can bounce up and create a new higher trend. You can see how the triangles are squeezing the highs and lows and from ETHs history these are all good signs.

I am holding ETH and not planning to sell any for the short term.

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Comment:

ETH brokeout at the green triangle (Push 1) and now is on the upper side of the 51.8 resistance line which can turn in a nice support line. If it also breaks the other resistance line of 53.5 (which is probable) because there's a lot of traffic right now, maybe we can go even higher.
I am holding ETH.

Comment:

Inverse cup and handle has formed on ETH. My advice is to scale out some profits and re-enter between $80-82