Ethereum |The price may increase after testing $2750 – $2880

In this chart, I am looking at Ethereum in two different time frames.

On the daily chart , it looks like the price is making a perfect copy of Bitcoin .

The price is developing an “Ascending Channel” pattern in the form of an ABCDE price correction.

On the daily chart , the price seems to have the power to move up to $2750.

In the 4-hour time frame, if we set Fib. Retracement tool, we will see that the price is actually at 0.618 Fib.

This area between $ 2750 – $ 2880 will be our potential return area that could push the price up again.

Thanks and good luck!