Another quick sellout sends $ETH below long-term trendline (purple) with consolidation between yellow ascending average (red) and lower buffer (dashed).
Signs continue to point towards further correction with an eventual drop to 1500 and then possible yellow support.
If we do manage a recovery here I would assume it only as high as the prior outer symmetrical pattern support (orange average pattern).
Signs continue to point towards further correction with an eventual drop to 1500 and then possible yellow support.
If we do manage a recovery here I would assume it only as high as the prior outer symmetrical pattern support (orange average pattern).
