ETH to new ATH? 2500 in the next big move?

12 Mar 2021

Here's a quick look at Ethereum 4 hr chart. As we can see, ETH broke out from the big bull pennant . All depends on BTC right now. If BTC falls then ETH will fall as well. If ETH breaks its previous ATH it will probably go to 2500$! Gains incoming! Note: Watch the RSI - Not much space left before its oversold.

This chart was posted a week ago before it broke the bull pennant .

The idea is: Buy the breakout from the level shown in the chart. take profits at the level shown in the chart.
Target:
1. 2040$
2. 2500$

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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!