ETH bullish scenario mid to long term

ETH is currently inside of a long consolidation which is now at a critical point. We seem to have created a new potentially more aggressive ascending trend line based on our fall to .055 BTC back in March this year (2018). If we respect this newer trendline, we could have a bullish exit of this triangle as per the chart (per yellow scenario). If we break through the bottom of this trend line, then we will likely still see a bullish end to this consolidation, but it will be a bit less dramatic (purple scenario).

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