Ethereum: ⬆️ Buy
– Ethereum broke daily down channel
– Likely to rise to resistance level 3600.00
Ethereum cryptocurrency recently broke the resistance zone between the resistance level 3200.00 (which stopped the previous impulse wave 1) and the resistance trendline of the daily down channel from October.
The breakout of this resistance zone accelerated the active impulse wave 3 of the sharp intermediate impulse wave (C) from November.
Given the bullish sentiment seen across the crypto markets today, Ethereum cryptocurrency can be expected to rise to the next resistance level 3600.00.
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