On 8/25 we bounced off resistance at 1,718 and now the level of support is close at 1,423. Bitcoin is just above its support level to right now. Watching and hopefully they don't break below or we could be looking back at 1,000 eth again, I guess you could look at it like a last opportunity to load up before the merge happens, that is an extreme positive catalyst, with the RSI at oversold it will surely trigger a rebound back up. Patterns play out its important to keep an eye on the RSI oversold and overbought signals. Cross up 70 is overbought and cross below 30 is oversold. Also the ADX is non directional and will show you the strength in current trends and is pretty accurate.