ETH is forming a wedge pattern and if price holds and forms a double bottom higher low, it will be a bullish sign.
But if it breaks down the support to $3586, and does not manage to come back up quickly, we may expect more downtrend until meeting the next support which is around $2700.
Let's see how this play out over the weekend.
But if it breaks down the support to $3586, and does not manage to come back up quickly, we may expect more downtrend until meeting the next support which is around $2700.
Let's see how this play out over the weekend.
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formal education makes a living, self-education makes a fortune!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.