Big PUMP in Ethereum!! 📈🤑

1 de fev. de 2022

Ethereum pumped breaking $2651, as it broke out from our bull wedge pattern that we identified yesterday. Recall that $2651 was providing significant resistance, since the latter half of January. However, higher lows suggested we were mounting pressure for a breakout and we saw that last night. We are currently facing resistance at the next level above at $2762, a level we have discussed many times here. We do appear to be meeting resistance here, confirmed by several red triangles on the KRI. But the Kovach OBV is still strong, so if there is still momentum in the tank, then expect a run for $2852, then next target, then $2965, the last level in the 2K handle before we can consider 3K again.