1- as you can see ETH is in an ascending channel the price can range between the Upper and lower line of this channel. at the moment there can be two scenarios for ETH. the price would touch the middle line of the channel and than starts to decrease a little bit and start to increase from the bottom of the channel or just continue It's bullish movement from here all the way to the top of the channel! in both cases the price shall reach between 3500 to 3800$!
2-also there is an other bullish pattern that we can see! as you can see there is an ascending triangle which the price now is in it, this means after the break out happens the price can Increase as much as the measured price movement(AB=CD). If the break out happens the price has the potential to increase to 3500 at least!
as you can see the both chart shows that the price is getting ready to reach 3500$(at least!).
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea . Have a nice day and Good luck
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