In my yesterday's comment I said that under 2.4k, Ethereum can be a good buy for traders that wants to speculate on a correction.
After 2 dips under this figure, EthUsd has recovered nicely and has made a series of higher lows and the low TF chart shows an ascending triangle pattern.
The crypto is trading now in the resistance of this pattern and a break up can occur.
My target for this correction (Yes, so far is just correction) is 2.6k with negation under 2.3
Best of luck!
Mihai Iacob
After 2 dips under this figure, EthUsd has recovered nicely and has made a series of higher lows and the low TF chart shows an ascending triangle pattern.
The crypto is trading now in the resistance of this pattern and a break up can occur.
My target for this correction (Yes, so far is just correction) is 2.6k with negation under 2.3
Best of luck!
Mihai Iacob
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