Ethereum Price Forms Megaphone Bottom Not Seen Since 2020, Here’s What Happened Last Time

Crypto analyst TradingShot has revealed that the Ethereum price has formed a megaphone bottom which has not been seen since 2020. The analyst revealed what happened the last time ETH formed this bottom, which provides a bullish outlook for the altcoin.  Ethereum Price Forms Megaphone Bottom In a TradingView post, TradingShot stated that the Ethereum price has formed a megaphone bottom like in March 2020. He noted that ETH is currently on the first week of a rebound after recording three consecutive red weeks when it could not break above the 1-week MA50 source: https://www.newsbtc.com/news/ethereum/ethereum-megaphone-bottom/