We can get a nice pump it doesn't have to be that parabolic but it can be you know something that rounds out sort of like this and continues up over time and we round out there we break that neckline our measure move out of this from our neckline straight down to our bottom of our head would give us a proximate measured move from our breakout point say if we broke out in this candle to be slightly conservative our next breakout point would be all the way up towards
and that's assuming that we go up to the upside for ethereum
We have that four hour bullish divergence going on we could be going up in the short term this would also break us out of the rising wedge that would probably push us to our higher target around 22,00 which matches up perfectly with our next chart this is the daily chart and you see on the daily chart we have a little bit of bearish divergence going on you see we have lower lows on the rsi we keep making lower lows on the rsi we're making sorry higher lower highs on the rsi sorry and higher highs on the price action which could push us down short term you see we had it back it only pushed us really down to the bottom of the wedge could we see some short-term bearish action maybe go back down to the bottom of the wedge that i mean we just did we have four hour bullish diversion i don't think that this plays out but it's definitely something to take a look at on the daily chart