One of the biggest bullish engulfing candle just printed on $ETH ETH, breaking through two resistances and flipping the VP-POC line into immediate support at $3,520.

This will likely be @Ethereum’s ride a new all time high with the huge swing in bullish momentum. The coin is now also trading above the 200D, 100D, and 50D SMA and is backed by the biggest trading volumes ($35.6B today) in 2 months.

Next, $ETH will try to break through the R1 at $3739 for a further restest towards this year’s strong high at $4,080.