#TipsTradingFutures #EthereumUpdate

$ETH POTENTIAL to $13,255 🔥🔥

weekly perspective

morning holder #ETH who I am sure will not let go of his goods after reading this

Ethereum has been getting a lot of FUD lately compared to solana which is performing stronger.

ignore the news and FUD focus on the chart

apart from seeing and hearing the founder's voice singing hahahaha 🤣

in the weekly timeframe, eth's condition is actually still bullish, even very bullish, but it is humane when some people are afraid of ethereum's crash because its fate is on the edge of a cliff

in my opinion, ethereum is still an altcoin that deserves to be ranked second after Bitcoin

the reason is that ethereum strengthened at the end of January to the second week of March from a price of 2150 to 3934 in just 48 days

while the correction that occurred on ethereum lasted approximately 145 days and is still above the level of 2150 $

that indicates that the decline that occurred was very corrective, not impulsive

the pattern in the big weekly timeframe that has formed from 2021 to the present is a pattern that indicates a bullish direction and is still in process, namely

"inverted Head shoulders"

and 1 more bullish pattern that formed in June 2022 leads to an ascending triangle pattern

the 2 patterns are bullish pattern that we can't ignore

in the 1 day time frame, if you look at it briefly, ethereum's performance is very bad, we can see that eth has formed a bearish pennant pattern on the 1 day time frame

but on the bulls side they see that ethereum has made a double bottom. and is holding on to the ascending triangle support line weekly timeframe and this should be the right time to add goods.

I myself prefer to be on the Bullish side towards ethereum

which position are you in?

hopefully useful

always #DYOR