ETH seems to be presenting a similar pattern to July 20th, 2021 (see pink circle).has reclaimed its MAs. and the RSI is above 50. Another encouraging factor is that price has approached the upper 1D Bollinger band. If this is a strong trend, as MACD seems to support/confirm, we could see ETH climb and extend above the Bollinger band to old supply at ~3950 and potentially new highs. History does not repeat, but it sure does does rhyme. I chose to copy/paste the past bar pattern to the current PA (price action). This could serve as a guide and price should respect the Andrew's pitchfork as it has in the past. I'm obviously biased towards the upside but we should watch the median line and upper rung for more confirmation of the strength of trend. The median line often acts as a price magnet.
