Go Long, Ethereum looking very close to breaking out $ETH
Ethereum looking very close to breaking out..
Currently, chart patterns are forming a very nice "inverse head and shoulders" and a triangle. Technical indicators such as RSI and DMI are trending up, similar to the short term moving averages (20, 50). This is good for the bulls.
Therefore, I think we would likely see ETH breaking out to the upside instead of the downside.
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