Crypto Analyst Maps Out Dream Ethereum Scenario To $8,000

An analyst has charted out a “dream scenario” path that Ethereum could follow, based on a technical analysis (TA) pattern in its 3-day price. Parallel Channel Could Chart Out What’s Next For Ethereum In a new post on X, analyst Ali Martinez has talked about a dream trajectory that Ethereum could follow with respect to a Parallel Channel. The “ Parallel Channel ” here refers to a TA pattern that forms whenever an asset’s price trades between two parallel trendlines. The upper line of the pattern is assumed to be a source of resistance, so tops can be likely to...