Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space.
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Ethereum had that strong rejection from the $4000 resistance level, however if you look back in history this is not surprising because Ethereum typically hits resistance 2/3 times before breaking out. I expect that we spend some time inside the triangle, even fullbacking back more to around 2200-2600 before finally breaking out of the 4000 resistance level! Be patient everyone hope this helps!
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Ethereum had that strong rejection from the $4000 resistance level, however if you look back in history this is not surprising because Ethereum typically hits resistance 2/3 times before breaking out. I expect that we spend some time inside the triangle, even fullbacking back more to around 2200-2600 before finally breaking out of the 4000 resistance level! Be patient everyone hope this helps!