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$ETH Price Prediction 5/10/2024

Ethereum (BITSTAMP:ETHUSD)  
CheddarBizcuitz  
BITSTAMP:ETHUSD   Ethereum
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
A tough rejection at 50EMA sends ETH down to the previous average low and outside pattern.

We now look towards a possible double-bottom with recovery expected over the weekend.

Unfortunately this could be the start of further correction, noting next support around 2800.

www.tradingview.com/chart/gDBkksfy/

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