We all can probably agree, that ETH hasnt performed at its best in this bullmarket. While it is my most profitable postion since I own it from the depths of the bearmarket, I expected more. So I decided to take a step back and when in doubt, zoom out.
And I really like the weekly chart. There is a wedge I have drawn months ago. We then broke it in January, with a...
We just broke from the descending triangle from the hourly chart and we also broke a rising channel on the 4h chart. Both pretty bearish. Candle didnt close yet, but seems the volume will be there to confirm the breakout. Technical target from the triangle is 46k. However, I dont belive we are going so low. There was huge whale acumulation at 47k according to on...
