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Welcome to this ETH/USDT update. Ethereum looks super bullish to me in 2022 and it will soon leave shocked when it's start running.
Here I''ll show you a 2D chart of Ethereum. According to this chart ETH trading inside a big ascending triangle. ETH bounces every times when it comes to test the lower trendline of this triangle.
Ethereum holding this trendline from almost 1 year so I don't think it breaks easily. A few days before once again ETH comes to test this trendline and bouncing again. I'm expecting a good bounce in ETH in upcoming days and we will see a new ATH soon.
And you know when ETH pumps almost every altcoin will follow. IMO soon we will see good bounce in whole cryptocurrency market and again we entered in the greed zone.
INVALIDATION LEVEL:- If the price closes below the lower trendline then this chart becomes invalid.
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