This is a 1-hour Ethereum (ETH/USDT) chart showing a potential upward channel pattern 📈. The price is respecting the channel boundaries, bouncing between support and resistance lines. The Ichimoku cloud suggests current bullish momentum ☁️, supported by the EMA ribbon trending upwards. RSI is near neutral but cooling off from overbought levels, indicating room for another possible move 📊. A breakout above the channel resistance might lead to a strong rally 🚀, while support breakdown could signal caution ⚠️.
On the 1-hour timeframe, TOTAL2 is forming a bull flag pattern, indicating bullish momentum 🚀. RSI and Stoch RSI are trending upwards 📈, confirming strong buying pressure. Additionally, it's holding firmly above the support line, which reinforces the bullish outlook 💪. All these signals align perfectly, giving me high confidence (99% sure) that ETH is ready to move up! 🟢✨ The setup looks solid, and the market sentiment is clearly leaning bullish for Ethereum.
I'm bearish in the short term due to short liquidations, but bullish for the long term. Once the liquidation clears, ETH will rise again and easily reach 3500$ 📉🔻📈🚀💰
Entry: 3310.09$ or Market Price
1st Tp: 3523.46
2nd Tp: 3626.56
3rd Tp : 3754.82
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$ETH