​​#ETH_Update

I've been talking about this ascending channel a lot lately and I’ve mentioned that ETH could hit the upper trend line of the channel and then see a small rejection - and that is exactly what happened. This is absolutely beautiful to see.

​​#ETH_Update
- ETH finding some great support over the last week at our 0.618 fib around 1400$, more so, it has seen a great bounce over the last 24hrs with the bullish news we shared regarding the new EIP. Furthermore, we have also seen a technical breakout our consolidation zone as price breaks above 1700$; we can expect ETH to keep rallying and following the trajectory we have set going into mid-March. Our acting support has also been moved up to 1600$-1650$; resistances are as indicated in the chart, with immediate resistance standing at 2000$ (channel median) followed by stronger resistance at 2500$ (upper limit of our parallel channel). Our bias is still bullish on ETH given technicals and fundamentals have both been increasingly bullish

​​#ETH_Update
LTF range played out beautifully and we've broken through supply.

Retest would be a long, targeting $1,750