Ethereum (ETHUSD) is closely correlated to Bitcoin (BTCUSD). When see Bitcoin moving up, the same goes for Ethereum and vice versa...
Right now we are seeing Bitcoin printing some signals pointing to a strong bounce, this can change, but the sentiment is starting to turn, ETHUSD is starting to look very similar.
ETHUSD Chart Signals & Patterns
Here we also have a similar iH&S pattern (blue lines).
Trading volume is starting to increase.
Break above EMA10 confirmed.
Bullish RSI and MACD.
You can find additional details on the chart.
Here is the full BITCOIN (BTCUSD) analysis | Bitcoin To 10k P.t 3 | iHead & Shoulders (Support & Resistance)