Ethereum (ETH) 📑
Watch before and after and everything was explained previously 🫡
We talk first as technical analysis✍🏻
The break of the middle of the price channel that has been running since the month of November has been confirmed, and we notice that the price is stable above the middle of the price channel and moving sideways, and it is the turn to test the upper line or resistance of the price channel ✅
It is now assumed that Ethereum will continue its rise and break the price channel and quickly rise to the areas (3400-3500) based on the technical analysis and all indicators and everything that was explained before. It will be completed and the previous corrections will suffice, God willing ✅
We speak as a fractal ✍🏻
We notice the fractal’s extreme respect for the price as usual, thanks to God Almighty, and it is proceeding correctly as has been explained repeatedly and according to the fractal, waiting for the price to explode to areas (3400-3500) quickly 🟢
This corresponds to breaking the price channel as a technical analysis, and this is very normal. When a price channel is broken, the price explodes. There is nothing strange.
Conclusion 📑
We are rising strongly, God willing, and there is no negativity such as technical, fundamental, and fractal analysis, and all indicators lead to the rise ✅
📌But I say it again, the correction scenario to complete the rise is possible and very healthy, because any area that has been broken, the price is testing it before. It is possible for us to delete this scenario due to stability above the middle of the price channel and with a closure above the upper line and confirmation of breaking the price channel.
