Ethereum weekly, looking at the candles —$3,000 minimum targetEthereum / Tether USDKRAKEN:ETHUSDTMasterAnandaGood afternoon my fellow Cryptocurrency trader, it is my pleasure to write/share, for you/with you, again today. It is always my pleasure to open my mind and heart for you and with you... Let's see what the Ethereum chart has to say. Let's do a simple analysis, we are going to focus on the candles. Just the shape and size of the last drop. I added numbers to each candle. #6 is the last one, the green one. The drop starts with a rejection at EMA55. Notice how the first two candles are really big, (1) and (2). Bearish resumption, a bearish continuation. #3 was also a big candle but as most of the selling was bought, it closed with a small real body and a long lower wick/shadow. We went from full bodied candle to a smaller body candle. We went from a strong drop to a stop. Then candle (4) becomes even smaller and (5) even smaller. Here we see how the action went from a drop, to neutral to sideways. No new lows. To reveal what is coming, the last candle, instead of being small it turns green. That's #6, the first green candle. Candle (3) clearly reveals the climax and end of the drop. The highest volume and lowest price. The next two candles reveal market indecision; and the last and current-active candle confirms the start of a reversal. Interesting to note is the fact that the week isn't over yet. This same week can end up with a big green candle making the bullish signal that much stronger. If the candle were to turn red and close at a low price, that would be pretty bad. But looking at the sequence, the green arrow is what we should expect. The green arrow scenario is supported by hundreds of altcoins already growing for weeks and in some cases months, two to four months. That's how far deep we are in this newly forming bullish cycle. The next target is clearly shown on the chart as EMA55 and EMA89 on the weekly timeframe. Strong resistance will be found around $3,000 for ETH. From current price, we are talking about a 50% rise minimum in the coming weeks. Thank you for reading. Namaste.