ETH Forming Reversal Ascending Triangle $3000 TargetEthereum / TetherUSBINANCE:ETHUSDTodbashWizardGood morning, been a while, I haven’t been here, busy with a fundamental project, True AI narrative, you can check on X, today I saw interesting momentum building on the ETH chart, let’s see boys and girls... 1 We can clearly see after a big correction wave was started at the end of Jan, now we can see it as Elliott Wave ABC running correction, that means C must be above the A level, that means next phase we can move higher and higher, and you can check the chart, we have the same reflection on the daily chart. If you want to manually trade this Running Correction (Elliott Wave), Wave A must have a 3-wave ABC correction inside it, Wave B must also have a 3-wave ABC correction inside it, and the last Wave C must have a 5-wave structure, which is called an impulse wave. 2 After finishing the running Elliott Wave correction, we also formed an Ascending Triangle, this is a bullish pattern, and it is now in the last phase of formation, you can check the ABCDE Elliott Wave formation on the ascending triangle, approx its done, how the ascending triangle is forming, price is slowly getting squeezed inside the triangle and it has some time to burst above or below, most likely this time will break out upside, imagine an ascending triangle where sellers and buyers compete, when sellers see resistance is broken they step backwards and buyers are bidding more for upcoming gains, sellers are getting every second more hesitant because they see the resistance line getting broken, so buyers are more confident and in a better position, there are two options for sellers, step in and take buyer position or stay sideways. I see ETH above $3000 very soon, if you like my idea follow me and hit the like button, don’t forget to check my X.