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DesharedPierreJr.
Jun 5, 2023 9:22 PM

Ethereum testing a very strong support Long

Ethereum / U.S. dollarBitstamp

Description

Ethereum has some big swings intraday but multiple timeframe analysis suggests its not mere noise. Price is testing a weekly bullish reversal pattern. Its best to be patient and allow this minor downtrend to cease and form a newfound support level. If an uptrend begins at these lows, Targets could be steep considering where the potential neckline is if a double bottom is to form on the daily.
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