For ETHUSDT we also see a pennant but on a much tighter time frame. Two bullish scenarios play out to me: we retest the blue structure on a 4 hourly time frame and then go up, or we break above the pennant then go up. If we continue to consolidate to the end of the pennant Ill need to reanalyze but this is what I see for now. The blue structure has been pretty well respected as support and resistance the past few days and are aggressive short term areas of reaccumulation. If we break below the blue structure and pennant then need to reconsider. THe last support level in this region is 980 where we had a wick to it last week. However, in this bullish market, I believe a dip back to that level is unlikely.