Ethereum |The price may increase after testing $2750 – $2880
Ethereum / Tether US WHITEBIT:ETHUSDT
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!
