FieryTrading

Ethereum Parabolic Buy Signal

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
Ethereum has been inside the drawn channel for two weeks. This morning, we saw some crazy price action accompanied by high volume, which led to a break in the upward trend line of the channel, potentially signaling parabolic growth in the coming week.

I wouldn't be surprised if ETH manages to hit $800 today or tomorrow, with potentially targeting $1000 within a week. Do your own DD.

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