$ETH

This chart appears to show Ethereum (ETH) against the U.S. Dollar (USD) on a 4-hour timeframe, with some technical analysis applied. Let me break down what I see and how I can help:

What’s on the chart:

Price Range: Currently, ETH is trading at around $2,611.

Pattern: There’s a visible rising wedge or channel:

Red Line (Resistance): Upper boundary (price ceiling).

Green Line (Support): Lower boundary (price floor).

Projection: A hand-drawn forecast shows a breakout to the upside, with ETH projected to rally sharply toward the $3,500–$3,700 range.

Possible Interpretation:

Bullish Outlook:

The chart seems to predict a bullish breakout from the channel pattern.