A bullish candlestick pattern, parabolic trendline and powerful onchain metric have aligned, just like they did ahead of ETH’s biggest price rally in 2017.
Key takeaways:
Ether price printed a rare monthly Dragonfly doji candlestick, which is often seen before major ETH bull market cycles.
ETH is retesting its long-term parabolic support zone that preceded its historic 2017 rally.
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