It looks like ETH needs a higher high to complete the wave off September 21 and the candles support the next move higher. The odds are bullish. Remember – $4554 – a very significant level. Let’s see how high it goes and what kind of weekly and daily candles are printed tomorrow.
The longer term perspectives and the importance of $4554 level were discussed in the Monthly Analysis:
https://investingangles.com/2021/11/01/ethereum-monthly-analysis-01-11-2021-eth-eth-investing-cryptocurrency-crypto-trading/
Follow the blog on Twitter @InvestingAngles or by subscription:
Latest Monthly Analysis: