ETH: 3-Day Chart Flags Double Breakout Surge
Trader Tardigrade notes that ETH's 3-day chart reveals 2025 April's bottom equaling 2026 June's bottom inside an ascending channel with double breakout consolidation ahead of a surge.
SourceAnalysis
ETH prints an ascending channel on the 3-day chart where 2025 April's bottom equals 2026 June's bottom, followed by double breakout consolidation and a surge signal from @TATrader_Alan.
Price sits at $2313.94 inside the Bollinger bands with upper resistance at $2376.55 matching the EMA50 at $2376.21 exactly, while the neutral RSI at 39.02 and MACD golden cross at -21.0 offset the broader bearish structure versus the EMA200 at $2479.28 and point to a test of that confluence zone before any move toward lower band support at $2293.64.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.