Ethereum, Testing The Range, Determining Breakout Incoming!

Hi,

Welcome to this analysis about Ethereum, we are looking at the hourly timeframe perspectives. In recent times Ethereum managed to back-up from its swift downside price-action and managed to show up with initial bullishness in the structure testing remaining resistances. Besides that as I discovered Ethereum formed this ascending-channel-formation in which it is now testing the upper boundary and is forming this main bull-flag-formation marked in orange, this can lead to a sufficient breakout when Ethereum manages to show up with further bullishness finally moving above the upper-boundary of the channel and forming the set-up marked in my chart, this will be the main origin of the major wave C to the upside and continued developments.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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