• Vasily Trader

ETHUSD: All Time's High & Important Decision Ahead

Ethereum is testing an all-time's structure high at the moment.

On 12h time frame, we see a perfect example of a bullish accumulation within a horizontal decision range.

In case if bulls manage to break and close above the resistance of the range,

a bullish wave will be expected.

Next resistance will be 5.000$

In case of a bearish breakout of the range, the setup will be invalid.

The price may start a correction cycle.