ETH finally breaks down dropping us right past 2380/H4 200EMA.
Lows were just short of 2300 which is the next critical support and expected reversal point.
Consolidation to wedge support around 2165 (2145) could still prove hopeful however.
Keep in mind that this pattern may possibly be expanded to include more breakout PA.
An assumed resistance point has been marked presenting the breakout as more of an outlier.
www.tradingview.com/chart/gDBkksfy/
Lows were just short of 2300 which is the next critical support and expected reversal point.
Consolidation to wedge support around 2165 (2145) could still prove hopeful however.
Keep in mind that this pattern may possibly be expanded to include more breakout PA.
An assumed resistance point has been marked presenting the breakout as more of an outlier.
www.tradingview.com/chart/gDBkksfy/
