Ethereum is preparing for a big move.
$ETH holds $2,550 and ends the week up 1.66%.
The range from $2,300 to $2,800 is crucial right now. This zone has produced 3 major breakouts on the weekly chart.
Each time ETH breaks above this range, the next move is big.
A breakout above $2,800 confirms that $3,600 to $4,500 is the next major area.
Support: $2,550 and $2,350
The key event this week is the ISM on Thursday.
Historically, when the ISM moves above 56, ETH and cryptocurrencies (Alts) tend to surge strongly.
#tinduan
$ETH holds $2,550 and ends the week up 1.66%.
The range from $2,300 to $2,800 is crucial right now. This zone has produced 3 major breakouts on the weekly chart.
Each time ETH breaks above this range, the next move is big.
A breakout above $2,800 confirms that $3,600 to $4,500 is the next major area.
Support: $2,550 and $2,350
The key event this week is the ISM on Thursday.
Historically, when the ISM moves above 56, ETH and cryptocurrencies (Alts) tend to surge strongly.
#tinduan
