🔥 Ethereum Bear Market Resistance Break Out: Road To $2000
In my most recent ETH analysis I talked about the fact that ETH was breaking out through the bear market resistance line. After a quick retest, we're currently moving up following BTC.
In my view, $2000 is the next stop. This area is important because of the psychological value and the fact that the summer-21 rebound stopped there.
In case of a prolonged bullish move, the next stop will be $2400.
After that, things become unclear. The macro is still not great, so I'm not betting on a move towards $3000, for example. We will see.
In my view, $2000 is the next stop. This area is important because of the psychological value and the fact that the summer-21 rebound stopped there.
In case of a prolonged bullish move, the next stop will be $2400.
After that, things become unclear. The macro is still not great, so I'm not betting on a move towards $3000, for example. We will see.
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