It is just the beginning for ETHs run. The anticipation for an Ethereum ETF is starting to buzz around. We have hit the zone highlighted in my previous ETH drawing which consists of a channel and a weekly Ob-. As part of the order block theory composition, I have marked the 'mean threshold' of said Ob- as our next zone of interest. The current price action is drawing a descending wedge at a shallow retracement which says we are strongly bullish.
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On route. current Daily candle hitting a higher high, probably nothing ;)
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Printed te strongest Weekly candle since $1600. It aims at $3400
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We did it Joe
Seems we will close the Weekly as an inside candle for ETH. Boundaries drawn. I am betting on upper boundary to be breached and soon thereafter upside continuation as inside candles tend to do, lets get that $3040.