ETH approaching resistance - CAN IT BREAK OUT HERE???
ETH is approaching resistance, but will it break out here.
We have some strong Bullish momentum from a breakout of resistance on the ETHBTC market.
BTC looking bullish but lethargic right now. I personally think we are going to test and reject from here and retest 4.2K.
Then a breakout within 2 weeks,
Market is feeling bid at the moment - but there is still a lot of weak hands to shakeout before the Moonshot!
Outlook: long & medium-term Bullish (>1 month), but Short-term (next 2 weeks) I remain neutral until we have a confirmed break above this rising wedge .
Boom,
TheRaggy
We have some strong Bullish momentum from a breakout of resistance on the ETHBTC market.
BTC looking bullish but lethargic right now. I personally think we are going to test and reject from here and retest 4.2K.
Then a breakout within 2 weeks,
- 1st target = 5.5K
- 2nd target = 7k - target of H&S breakout on OTC 20TH.
Market is feeling bid at the moment - but there is still a lot of weak hands to shakeout before the Moonshot!
Outlook: long & medium-term Bullish (>1 month), but Short-term (next 2 weeks) I remain neutral until we have a confirmed break above this rising wedge .
Boom,
TheRaggy