Bull Wedge in Ethereum!! 🚀
Ethereum is hugging the upper bound of the range at 3324. It is developing a clear affinity for highs. Volatility has consolidated notably, suggesting that we could be ready for a breakout to higher levels. We are seeing a bull wedge pattern forming. The next target is $3473, which is roughly the middle of the 3K handle. This will be a significant step toward achieving highs again. We should see support at $3200, $3148, and $2965 if not. We have three green triangles on the KRI which suggests we are seeing support from below at current levels.
Note
Ethereum finding support at $3200 exactly as we mentioned!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.