Ethereum
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ETH Bullish

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Hello Traders and Investors,

The year is starting off good for crypto. ETHUSD is showing some pretty nice signs of continuing higher. However, there is a strong resistance level around 1700-1730. We will need to see ETH break that resistance with minimal effort for us to be in a potential bull market.

I do not think we will see a bull market. In fact, I do think the price will continue to go up in the short term. But it will result in a steep correction after the climb.

This is my current outlook on Eth.

I want to know what your thoughts are. You can share them down below.

Thank you
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Eth broke out of the channel it is in. The second wave (yellow arrow) should be completed next at $1759. This move can set ETH even higher to $2400.
Bullish PatternsbuyChart PatternsEthereum (Cryptocurrency)ETHUSDTrend AnalysisWave Analysis

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