ETHEREUM IS GETTING READY FOR A BIG MOVE.
$ETH
held $2,550 and closed the week up 1.66%.
The $2,300 to $2,800 range is what matters now. This same zone has produced 3 major breakouts on the weekly chart.
Each time ETH broke out of this range, the next move was big.
A confirmed break above $2,800 puts $3,600 to $4,500 as the next major zone.
Support: $2,550 and $2,350
The key event this week is ISM on Thursday.
Historically, when ISM pushes above 56, ETH and Alts tend to rally.
$ETH
held $2,550 and closed the week up 1.66%.
The $2,300 to $2,800 range is what matters now. This same zone has produced 3 major breakouts on the weekly chart.
Each time ETH broke out of this range, the next move was big.
A confirmed break above $2,800 puts $3,600 to $4,500 as the next major zone.
Support: $2,550 and $2,350
The key event this week is ISM on Thursday.
Historically, when ISM pushes above 56, ETH and Alts tend to rally.
