Second: Ethereum

It formed a positive "Head and Shoulders" pattern on the daily and weekly timeframe three days ago, and this is the third time Ethereum has touched the area above 2700 before dropping.

The exact same behavior as Bitcoin when it was trying to break through the price channel at 88,000, and after several attempts, it succeeded.

The most attention-grabbing currency for me in recent days, as its upward movement will positively impact other altcoins, and I believe it will touch the number we previously discussed on the Ethereum versus Bitcoin chart above 0.0310.

If you are currently trading Ethereum $ETH for a quick trade, I suggest placing a close stop loss at $2606 "hourly candle close".

If you can tolerate a larger loss, it will be necessary to set the stop loss at $2510 "daily close" and your target above $3200.

❄️ Note: Ethereum is positive on the OBV indicator and may rise either from here or at $2516. The failure point is a daily close below $2510.

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