After ETH broke the 2500 resistance level it is on a moon ride. After formation of W-pattern or two symmetrical triangles, it's not coming down. It broke down the 3K level and found a small resistance around 3200 of fibonacci level. After which it started consolidating and you can see on shor term time frame it made higher lows forming an ascending triangle and it just broke out again. Next price target is around 4100 as per triangle. ETH?BTC evaluation also looks amazing and if we can get a higher weekly close that would be a strong bullish sign. Till then have a good time. May be we ca see 5K ETH very soon and who knows a quicker 10K may be.
