Ethereum has printed a Rising Star candle on the daily chart, signaling a potential recharge for the next bull run! ๐
โ Healthy Correction: ETH retraced to $3,000 over the past 2 days, cooling off the rally and resetting momentum. โ Bullish Signal: The Rising Star candle confirms renewed buying interest and bullish sentiment.
๐ Key Level to Watch: If ETH breaks $4,200, the Cup & Handle pattern remains intact on both the daily and weekly timeframes.
๐ Targets:
146% Gain: Potential move to $7,300 ๐ฅ 300% Gain: Long-term goal around $12,600 in early 2025 ๐ ETH is positioning itself as a market leader. Will this candle mark the start of the next big move? ๐ก
โ ๏ธ Trade wisely and always consider the risks! Let me know your thoughts below! ๐๐ฌ
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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.