2722.00 Could be Achieved by Year's End

٢٨ أكتوبر ٢٠٢٢

The invalidation happened, and we got an upside breakout instead of what seemed to be initially a bearish continuation pennant-shaped pattern. The intermediate trend for #ETH is now up, demarcated by the thick blue channel. Taking out the channel's support would spell trouble. Otherwise, 2722.00 could be achieved by year's end.
Stops could be trailed alongside the blue channel support.

Previous idea on Ethereum: