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CheddarBizcuitz
Aug 3, 2022 5:12 PM

$ETH Price Prediction 08/03/2022 

Ethereum / U.S. dollarBitstamp

Description

Yesterday's daily close held above 1600-1650 priceline + 200EMA to prevent a possible bearish breakout.

A slight dip did occur shortly after however strong support has allowed us to form into a likely double-bottom recovery with an estimated push to 1800 (better seen on D1).

Expect long-term trendline (+ buffer) to act as resistance with weakening as we approach closer to an intersection point.

If this succeeds the next goal would be 2k following a similar step-like pattern, and potentially the last.
Comments
bellaSoussa
"potentially the last" what do you mean with last before what?
CheddarBizcuitz
@bellaSoussa, last (3rd) step-like formation on D1 chart before another major test takes place
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