Ethereum Bulls Eye $2,500 Breakout as Harvard Endowment Enters the Fray
From fxleaders.com
Ethereum’s four-hour chart is showing a typical Adam and Eve bottom formation, which is a bullish reversal pattern that consists of a gradual, rounded consolidation base (Eve) after an initial rapid, V-shaped decline (Adam). When buyers have absorbed vigorous selling, this technical pattern usually indicates that a phase of accumulation is about to begin as volatility contracts. A confirmed breakout over the pattern’s neckline, which is at $2,150, would confirm the reversal setup. Experts predict a possible rally toward the $2,473–$2,634 area, with some targets reaching $2,500, based on the measured move projection ...
(full story)