ETHUSD Is Trying To Breakout
Nov 7, 2023

ETHUSD

Ethereum with ticker ETHUSD is coming higher after three waves down from 2023 highs, which can be wave 4 within a higher degree leading diagonal. Notice that price is trying to break out of a downward channel as well, so it seems that bulls can be in play and ready to gain much further, especially now when risk-on is back after FED and NFP data last week showed that rates are about to top.

ETHUSD Is Trying To Breakout ETHUSD Daily Chart
ETHUSD Daily Chart

For a detailed view and more analysis like this, you many want to watch our latest video analysis from live webinar recorded on November 06 2023 below:

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