$ETH will fly to the moon. Why? Here's what the chart is saying.
In the monthly chart a bullish falling wedge has formed. Price action is still moving within the wedge.
A red candle slipped down touching the bottom line of the wedge and the weekly and monthly support. The support zone vigorously push the price up creating a serries of green candles.
This shows how strong the support zone is. It can definitely raise the eth price up to a whole new level. It is highly capable. See eth chart below.
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