Ethereum Hit 3000 $ This Month Ethereum Market Moves To Moon This Week

We've seen multiple times in this bull market these upwards trending um wedges usually end up breaking up to the upside for whatever reason these bearish patterns like to move up to the upside but we also have this red resistance line which has been keeping us down where we we broke up above it once and then dumped below it and we got a rejection off of it now this is why i think we're going to get a major move because we're getting going to get squeezed in between this wedge this wedge support and this line which is going to have to propel us to the upside or to the downside i'm going to what my targets are for both of those obviously my first target to the upside is going to be close to near the all-time high around that fourteen hundred dollar mark also these closes to around thirteen fifty

So thirteen fifty fourteen hundred are my upwards targets for this move to the upside where we could get a double top and a rejection and move back to the downside or we could break the all-time high out of this wedge that's also a very very likely scenario but if we move back to the downside i think we're going to drop all the way back down to the line towards that's my bearish view like i said guys this rising wedge is typically a bearish pattern doesn't mean it has to break out to the downside i actually think it's more likely now that we're going to move up to the upside just by how bullish everything is looking now in this crazy buy pressure that we got down here right it also is likely possible right that we could dump and get it higher low

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