With all eyes on $BTC recently following the multi-month breakout and hitting over 27000$ today, it should only be a matter of time before we start to see ETH make a move up towards its range highs.
ETH/USD is currently sitting above the mid range while holding steady after a breakout from the wedge formation... This indicates a good opportunity to start looking for bullish continuation towards range highs, I will be looking to enter and scale into longs on pull backs to allow oscillators to come down and reset and ride the next leg up.
Side note: Keeping an eye on the weekly close for a possible trigger/conformation of bullish continuation.
ETH/USD is currently sitting above the mid range while holding steady after a breakout from the wedge formation... This indicates a good opportunity to start looking for bullish continuation towards range highs, I will be looking to enter and scale into longs on pull backs to allow oscillators to come down and reset and ride the next leg up.
Side note: Keeping an eye on the weekly close for a possible trigger/conformation of bullish continuation.