Ethereum has recognized a significant support level where the current price is firmly holding, showing respect for this support. There's anticipation for a reversal that could lead to a bullish breakout along the trend line. If this breakout occurs, it's anticipated that the rally will persist towards the next swing high around the $3700 mark.

The confirmation of this breakout from the falling wedge pattern is pivotal, as it will determine the future trajectory of Ethereum's price movement.





Chart PatternscryptoETHEthereum (Cryptocurrency)ETHUSDETHUSDTtraderchampTrend AnalysisWave Analysis
traderchamp_

Related publications

Disclaimer