Since late September, ETH has seen quite a substantial bullish move. After reaching the neck-line of the head & shoulders pattern, ETH saw some consolidation due to BTC going parabolic and BTC dominance rising.
However, as of this morning, ETH is finally breaking out of the pattern and making a substantial bullish move.
Target for the current move is placed at $4000, potentially higher if price action persists this week.
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