A multi-month wedge has formed on the ETH/USDT chart, within it upward channel.
Something big is bound to happen as soon as the price breaks out of the wedge. Personally, I see a big chance that ETHUSDT will continue rising within its upward channel. In the coming few months my price target would be $500.
Keep an eye out for break-throughs in the marked long- and short areas. When the price breaks through with sufficient action and volume, expect a short to mid-term continuation of the trend.
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