Ethereum has pressed higher, testing our level at $3861. We appear to be forming a bull wedge pattern with an upper bound at this level. At this point, a breakout seems imminent, but watch for further consolidation. The Kovach OBV has dipped but does appear to be gaining more strength. We have a vacuum zone below to $3646, but this is a min lower bound for now. If we do not break out, we are likely to consolidate under $3861. Our next target is $4021, which is the first level of the 4K handle.
Note
As predicted, Ethereum breaks out! Nears 4K again!!
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