Ethereum: A challenge of resistance is a bullish developmentEthereum / USDTMEXC:ETHUSDTMasterAnandaOne candle does not confirm a bull market, I'll give you that, but it is not one candle, we are talking about more than a month of sideways action and that one candle breaking resistance. The challenge of resistance makes it weaker. The action went back below, but notice that the market is trading near the upper-side of the range, not near support. And that's the bullish revelation. A single candle might not mean much, but getting higher highs is that much better than lower lows. If the market were to move down and break support, we would be justified in saying that the bearish bias is gaining the upper-hand. That's why I consider the market to become stronger when resistance is challenged, and we saw a challenge that produced the highest price since before the final low, 4-Feb. Ethereum looks good and can produce additional growth. The recent retrace allows for a new entry, we are back within the opportunity buy-zone. Any trading below $2,000 is a very strong buy on ETHUSDT. It is only a matter of time before the market turns hyper green. Short-term, we have targets around $2,320 and $2,650. Hopefully, the advance towards these targets can start next week. Market conditions continue to be positive. The 4-March high not only produced the highest price based on the session's wick but also the close. This is a minor-major development. A bullish breakout after a month of consolidation simply means the bulls won. If the bears had won, we would be seeing a very bad and nasty lower low. This is undesirable. We are going up. Namaste.