ETHUSD Long

2 Tem 2023

ETH looks pretty bullish on the weekly chart, trying to pop out above the trendline. The long-term targets look encouraging, e.g. 6k as a first target at the 1.27 with 18k as an ultimate target. A close below $1600 would call this strategy into question and a close below $1350 invalidate it.

Note: the Fib lines line up with multiple support/resistance lines as validation.