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ETH UPDATE The price is approaching the $2040 resistance for | CRYPTOGALACTIC

ETH UPDATE

The price is approaching the $2040 resistance for the third time, so now chances of breakout are much higher than they were before.

Moreover, there is an overall upward vector that lasts since November 2022.

Locally, there is a great setup on BREAKOUT of the resistance. Local targets are $2190 and $2390.

If Bitcoin goes down to $28,000 - 29,000 zone, Ethereum will retest the ascending channel support another time which is a good entry point as well.