Bull Wedge in Ethereum!! 🚀
Updated
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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