Hello Traders and Investors, today I will take a look at Ethereum.
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Explanation of my video analysis:
6 years ago, Ethereum started creating a simple rising channel formation, similar to the one which we are seeing on Bitcoin. Furthermore Ethereum retested the previous all time high back in 2022, created bullish confirmation and a rally of + 250%. Considering that Ethereum is once again approaching the upper resistance level, I do eventually expect a bullish breakout followed by an even crazier rally.
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Keep your long term vision,
Philip (BasicTrading)
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