Ethereum
Panjang

Big buy signal for Ethereum - Technicals and Fundamentals

237
Ethereum is looking great technically and fundamentally.

Technicals:
It broke up and out of a Cup and Handle formation and seems to be heading to the resistance of the downtrend at around $2,400...

Fundamentals:
1. Investors are getting back in since the Crypto crash with BTC, ETH, Luna etc...
2. Ethereum is merging with a new upgrade and update to improve the blockchain software
3. New influx of buying and selling as a safe haven due to Inflation and interest rates going up around the world.

I'm a buyer of Ethereum here and if it breaks above $2,400, we can see possibly another major leg up...

Trade well, live free....
Timon
Founder, MATI Trader

Penafian

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