$ETH's long awaited breakout has finally arrived after yesterday's H1 closes daily above the bullish piercing marker triggering a 20 to 50EMA crossover.
Price is now settling at the inner ascending pattern with a number of closes already established plus a high at wedge resistance.
A new zone has been highlighted to indicate expected consolidation using 1885 critical and the inner pattern. Look to hold out H1 convergence.
A drop back to newer long-term descending may not be the end of the world but will definitely make it tougher to reach 2k.
*** Getting my wisdom teeth removed tomorrow so I may not be posting. Really hoping for a quick recovery on this one. In the meantime refer to the chart indicators since volatility will likely remain low or relatively condensed.
Price is now settling at the inner ascending pattern with a number of closes already established plus a high at wedge resistance.
A new zone has been highlighted to indicate expected consolidation using 1885 critical and the inner pattern. Look to hold out H1 convergence.
A drop back to newer long-term descending may not be the end of the world but will definitely make it tougher to reach 2k.
*** Getting my wisdom teeth removed tomorrow so I may not be posting. Really hoping for a quick recovery on this one. In the meantime refer to the chart indicators since volatility will likely remain low or relatively condensed.
