Ethereum ta 20/01/2021

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Yesterday Ethereum price broke out of the symmetrical triangle and we had a successful retest today which is clearly seen on the 4h time frame. In my opinion this is a sign for another leg up for Eth to a new ATH.

 

There is a good resistance at 1400, which if will be broken the way up is open, short term target is 1700 and mid term target is 2000. If everything goes well and we don't have any surprises with BTC, first target should be achieved by the end of this week, second target - beginning of the next week.

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