If we look back at the last couple of months, we can vaguely see that ETH is forming a huge bullish triangle.
Assuming that the pattern holds, ETH will move back all the way to the summer highs around $2000. Classically, ETH should break out bullish at some point. Whether that will be during this bullish leg or the next will be largely dependent on the overall market. Time will tell.
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.