kyer

Ethereum Analysis - 11/6/20

Long
KRAKEN:ETHUSD   Ethereum
Quick daily timeframe analysis on Ethereum, just like Bitcoin it looks like we've finished falling on this move (Retested the start of the uptrend at $140).

Ethereum has accumulated between the $120-140 channel marked in yellow as accumulation.

Now ether has broken back above $140 monthly level and is looking to touch $250 again.

it's Altcoin season, then Bitcoin season.

As always please do your own research, I am not a financial advisor.


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