TIght chart situation at ethereum

The ethereum chart show a tight situation at ~3600. This region is limited at lower side at 3550 from the Fibonacci level from our last big down move and on the other side from the last high at 3650. The direction of break-out will maybe give hugh indication for the next price action. I personal see the up-move more probable due to the good mood in the bitcoin market. If we will break-out abov 3650 we can use the power to break the shown uptrend line open the way to higher prices.

Let's see.