I can see a broadening wedge. This pattern is usually a bearish reversal pattern. It is possible we see ETH price to go down and retest the orange box support.
If it holds above the box it could be a good accumulation range.
The dotted white line is the nearest support if that breaks the next support is bottom of the wedge.
Since this is a bearish pattern I am expecting ETH to test support around $1500
If it holds above the box it could be a good accumulation range.
The dotted white line is the nearest support if that breaks the next support is bottom of the wedge.
Since this is a bearish pattern I am expecting ETH to test support around $1500