Ethereum has consolidated above the Ascending Triangle breakout in early April, which is important when trying to reverse a bearish Macro trend. Old resistance should become new support, and that's exactly what happened.
I'm expecting Ethereum to break out of the first channel above the Ascending Triangle I talked about previously by the end of this weekend, "potentially."
Keep an eye on Hive Blockchain Technologies, they're trading roughly 90% in correlation to Ethereum & Bitcoin!
Time will tell per usual.
I'm expecting Ethereum to break out of the first channel above the Ascending Triangle I talked about previously by the end of this weekend, "potentially."
Keep an eye on Hive Blockchain Technologies, they're trading roughly 90% in correlation to Ethereum & Bitcoin!
Time will tell per usual.