Hello everyone! If you enjoy this content, please consider giving it a thumbs up and following for more crypto updates.
Welcome to this ETH/USDT Quick Update!
The chart suggests a potential bullish continuation for ETH. It's currently consolidating within a falling wedge pattern, historically considered a bullish reversal sign. There's also good support around $2900-$3000 (green zone). If the price holds above this level, a breakout from the wedge could be imminent, potentially leading to new all-time highs (ATH).
Here's what could invalidate this bullish scenario:
A daily close below $2820.
What do you think about this? Let me know in the comments!