The Long Investor
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$ETH
🕑 Added 2025-04-25 12:04:38 +0000 UTCI like the consolidation under the 50 Day MA and I believe a platform has formed on the 1hr chart, which is typical of a price action ready to break out above an important resistance level.
The breakout level is at $1819 now and I believe once the price breaks above this level and holds then I believe this could move very nicely higher, to the 50 WMA and/or the 200 Day MA at $2750 as shown.
I am bullish on $ETH and people may view my approach to $ETH as overly bullish but as a pure technical play, I can see the set up, which is why I added at $1600 recently.
