Ethereum is consolidating inside the horizontal channel. No exact vector for now. Yet, the price is now in the upper part of the channel, above 0.5 Fibo lvl — bullish sign.
If you are not a huge fan of $ETH — I wouldn't touch it (if I were in your shoes) until it breaks $2100 - $2150 resistance.
Once it does — there will be a LONG with tight stop loss opportunity available. Targets are $2400 and $2640.
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ETH UPDATE.
Ethereum is consolidating inside the horizontal channel. No exact vector for now. Yet, the price is now in the upper part of the channel, above 0.5 Fibo lvl — bullish sign.
If you are not a huge fan of $ETH — I wouldn't touch it (if I were in your shoes) until it breaks $2100 - $2150 resistance.
Once it does — there will be a LONG with tight stop loss opportunity available. Targets are $2400 and $2640.
$ETH
{spot}(ETHUSDT)