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ETHUSD 4H Update - 1/31/21

KRAKEN:ETHUSD   Ethereum
Going to reverse a little bit more after rejecting off of $1347 - $1373 level and place the 3rd confirmation on this trend line around the $1221 - $1240 level. From here it might trend underneath the uptrend and then breakout or reverse right off of it to $1373 and above. If this plays out it'll pump next week at the earliest around February 4th.

ETH is still consolidating inside this ascending triangle and still has not made a move up or down yet. If ETH breaks out to the top side of this ascending triangle its going to go test $1594 previous 2017 ATH level and above.

Penafian

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