Ethereum is following the flagship. Over the past three days, the price has bounced back from the 1500 level and is strengthening by 15%. Bitcoin is pulling the market again
Ethereum price fails to overcome the strong support of 1500 in the technical pullback phase. A rebound is formed and the price makes a new retest of downtrend channel resistance. Bitcoin overcame strong liquidity zones and resistance levels, if it continues to grow, and there is a big potential for it, it will also pull further with it and ETH
Today's daily candlestick may determine its further potential. If the candlestick closes above the downside resistance, the price will open a huge upside potential towards 2000. I expect in the medium term a breakout of the resistance area and an increase to the levels of 1800, 1900, 2020, 2150.
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