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TradeDog-Research

ETH-USDT(Consolidation Breakout)

Long
Ethereum / TetherUS (BINANCE:ETHUSDT)  
TradeDog-Research  
BINANCE:ETHUSDT   Ethereum / TetherUS
Trend Analysis Chart Patterns Beyond Technical Analysis cryptotrading altcointrading toptradingsignals consolidation-breakout resistancebreak
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trendanalysis chartpattern beyondta cryptotrading altcointrading toptradingsignals consolidation-breakout resistancebreak
On Daily Time Frame, Ethereum has been trading in a Consolidation range and has given a decent breakout.
In the past week when the crypto markets tumbled, Bitcoin is still ~16% short from its ATH while Ethereum is trading at its ATH. It signifies the strength and momentum behind this rally.
The support to the lower side is present at ~$2.5 K while it may move to the levels of $3.1 K in the near future.
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