📈 Daily TA: Ethereum (ETH/USD)

Hello, dear members of LeoFinance!

Today, I want to outline that, in the 1-hour chart (1H), ETH/USD while fluctuating in an Ascending channel (uptrend), is trying the surpass the range of the previous local high: Keeping in mind, that the range of the previous local high is a kind of resistance, I am really curious if ETH/USD will be able to renew the uptrend right now.

To be honest, I am keeping an eye on the price chart of Ethereum even in the shorter time frames such as 30M, 15M, 5M ...

To be continued ...

As of the time of writing, one Ethereum costs $1333,88 on Bitstamp crypto exchange, according to TradingView.

A few words about me:

Just to let you know: I've been working professionally as a currency analyst for the last 14,5 years, and as a cryptocurrency analyst for the last 3,5 years.

Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.

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📈 Daily TA: Ethereum (ETH/USD) | 20-01-2021