Today I'll analyze Ethereum. I'll show you is ETHEREUM bull flag today.
Here we can see that Ethereum is in a Bull flag. My analysis says Ethereum will go 15k level . Here are some proofs of my statement.
As you can see Ethereum created a cup and handle type chart pattern. For this Ethereum will react like a bull flag. So that I am pretty sure that Ethereum is bullish right now.
In the Ethereum dominance chart is in falling wedge pattern. Hope you know falling wedge is bullish pattern .When it will break it's resistance line then it will explode.
In the Total2 chart I can see that here is a cup and handle type pattern has came. Cup and handle pattern wise I can make sure that this is in bullish pattern , also the candles broke the resistance line. So the Ethereum will pump higher. The Altcoin market cap will hit to 3.89T $ so I am bullish right now. So it will pump hard.
Liquidity Heatmap says that there is huge short liquidity in Ethereum. As you know Ethereum are in cup and handle pattern so it will liquidate short traders. For collecting fuel for another legup.
With these analysis I can say that Ethereum is bullish right now and it will hit 15k level sooner than later.
Entry price : 3731 $
1st TP : 6500 $
2nd TP : 14000 $