Like
BTCUSD
and much of the crypto market,
ETHUSD
is also in a strong uptrend.
A correction began in March and concluded at the beginning of May.
After breaking out of the corrective falling wedge, the price rose again to the 4k zone, with a high likelihood of breaking above this important level at this moment
If this occurs, I expect Ethereum to reach a new all-time high around 5k or even higher.
I remain bullish as long as the price stays above 3.5k.
BTCUSD
and much of the crypto market,
ETHUSD
is also in a strong uptrend. A correction began in March and concluded at the beginning of May.
After breaking out of the corrective falling wedge, the price rose again to the 4k zone, with a high likelihood of breaking above this important level at this moment
If this occurs, I expect Ethereum to reach a new all-time high around 5k or even higher.
I remain bullish as long as the price stays above 3.5k.
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📈 Forex & XAU/USD Channel:
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