
Here’s where things get exciting. The daily chart practically screams “rebound!” ETH has formed a bullish flag pattern, which is a fancy way of saying it looks like a flag of victory fluttering in the wind—if your flag was a cryptographic asset and the wind was a whole lot of buying. Not to mention, ETH has created a golden cross pattern. Yes, that means the 50-day and 200-day Exponential Moving Averages have crossed paths like old friends at a high school reunion. When this happens, it’s considered a highly bullish signal. Look out, $4,000!