I'm keeping this short as the previous post has all the charts and explanation. This post is to indicate that we basically broken a key level and if it holds, its wise to go long with ETH, especially with this DeFi climate, it makes to have some ETH.
Looking at the bigger time frames, weekly and 1/2 month (19 days) we see both the candle sticks and Phoeix indicator showing bullish momentum.
Cheers, S.Sari
Daily Chart, note the RSI
Weekly chart and resistance levels
19 Day chart
Previous post
Catatan
If you have not bought in or looking to flip more in, I have these 2 levels.
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