A rejection at inner symmetrical support sends $ETH briefly below pattern before a strong recovery off 200EMA.
Price currently holds above 1640 (blue) with consolidation forming between 1650 (yellow) and resistance.
Right now we're in a good position to continue fill out within the inner pattern as 1640 will eventually crossover providing an added layer.
However if we do see further sell momentum, a third (and likely last) line was added for assumed supports.
Price currently holds above 1640 (blue) with consolidation forming between 1650 (yellow) and resistance.
Right now we're in a good position to continue fill out within the inner pattern as 1640 will eventually crossover providing an added layer.
However if we do see further sell momentum, a third (and likely last) line was added for assumed supports.
