#Ethereum trending within a rising channel.
Formation of a falling wedge pattern, reminiscent of a recent pattern, leading to a bounce of about 19%.
Potential for another 19% bounce if Ethereum breaks out of the current wedge.
Invalidating the chart if Ethereum breaks out of the rising channel.
A breakout from the wedge presents an opportunity for a long position.
Ongoing updates are to follow.
Stay tuned! 🚀
#ETH #CryptoUpdate