Ethereum chart pattern supports ‘moon shot’ rally to new price highs if confirmed — Trader

Veteran trader Peter Brandt said Ethereum price could "moonshot" to new highs if it can break out of a congestion pattern.

Key Takeaways:

Veteran trader Peter Brandt suggests a potential Ethereum rally to $3,800–$4,800 if ETH breaks above a rising wedge pattern.

A short-term pullback may occur as the taker buy-sell ratio drops below one, signaling caution from futures traders.

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