DU09

ETH/USD - Nice 4h breakout, will ATH be reached?

BINANCE:ETHUSDT   Ethereum / TetherUS
ETH broke upwards from the pennant and is now moving on the support line towards ATH, in line with the last idea, see link below.

As long as support holds, there is no reason to think we won't test ATH. We are very close now and when BTC approached 20k ATH levels we had a very volatile price action.

Will ETH do the same? We can expect some nice volatility. But watch BTC as well to set the tone.

If you are not in an ETH position, do not enter now. Wait to see what happens as we approach ATH. That will offer plenty of opportunities.

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