🔥 Ethereum Channel Break Out

A couple of days ago I made an analysis on ETH. Here I argued that ETH was trading in a bullish channel, which could potentially signal a strong bullish move in the near future.

As of this morning, ETH has broken out of the bullish channel, continueing the bullish price action from the last two days.

The two main targets of $3600 and $3800 remain the same as in the previous analysis. Potentially, ETH could hit both these targets in before the week ends.

Happy trading!