ETH - May Still Have Gas in the Tank

17 เม.ย. 2023

Upon open of this weeks candle we saw a massive selloff to begin the week, but the buyers were there to buy it up very quickly. This leads me to believe that it may have been a liquidation hunt candle before another leg up. Here ETH created a 2H bullflag and broke out, but due to the sell off the bull flag is negated. Although, things may still be bullish as ETH is holding the key trendlines that established our bull flag in the first place.

I still very much believe we will see a retracement to at least 28k at some point for btc, but will we have one more leg up first? Let me know what you think.