Ethereum is trying to outperform Bitcoin in 2022!
Guys this is so crazy idea, I can't believe in this. But take a look at the 2020 box in bottom left corner. It seems like the current form is the same as what happened in 2020 — price established high and bounced with Rising Wedge and small Ascending channel below resistance ($460) and pumped during few months with x10 return.
Today picture is almost the same, price peaked at $4300, then pullback in Rising Wedge and now following Ascending Channel below resistance. If that form will follow x10 increase, well dear, we going to see Ethereum trading above $43,000 WHICH WOULD BE SO AWESOME!
I think it is possible, cause right now expansion of inflation is major concern around the world as well as climate change, but in fact these factors can weaken the US Dollar and bring all markets to ultimate all time highs before another recession.
Stay positive and open minded
DYOR
Best regards
Artem Shevelev for TradingView.com
Today picture is almost the same, price peaked at $4300, then pullback in Rising Wedge and now following Ascending Channel below resistance. If that form will follow x10 increase, well dear, we going to see Ethereum trading above $43,000 WHICH WOULD BE SO AWESOME!
I think it is possible, cause right now expansion of inflation is major concern around the world as well as climate change, but in fact these factors can weaken the US Dollar and bring all markets to ultimate all time highs before another recession.
Stay positive and open minded
DYOR
Best regards
Artem Shevelev for TradingView.com
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