Falling wedge spotted on multi TFs in the BTC pair. Price broke-out of the falling Wedge on all and looks good for an upward rally.
The breakout was also in congruence with a bounce from pitchfork p3 sub 3 line.
On the daily, We may want to see a retest of the p1 line which may give us a good price action on the both the BTC & USD pair.
The breakout was probably triggered by EIP-1559 proposal initiated by VitalikB which may relieve the scalability issue associated with Ethereum network.
Price looks primed for a new ATH on the USD Pair.
Send it Gents!
$ETH ๐
The breakout was also in congruence with a bounce from pitchfork p3 sub 3 line.
On the daily, We may want to see a retest of the p1 line which may give us a good price action on the both the BTC & USD pair.
The breakout was probably triggered by EIP-1559 proposal initiated by VitalikB which may relieve the scalability issue associated with Ethereum network.
Price looks primed for a new ATH on the USD Pair.
Send it Gents!
$ETH ๐