ETH fails to flip extended resistance (dashed green) resulting in a volatile drop below 3500.
Boundaries for this pattern have been finalized (green highlight) with a new ascending pattern now marked using recent lows and W1 piercing (3685).
Prior wedge resistance (solid black) still indicates the lowest possible ascending support which may come into play if 50EMA convergence occurs.
www.tradingview.com/chart/gDBkksfy/
Boundaries for this pattern have been finalized (green highlight) with a new ascending pattern now marked using recent lows and W1 piercing (3685).
Prior wedge resistance (solid black) still indicates the lowest possible ascending support which may come into play if 50EMA convergence occurs.
www.tradingview.com/chart/gDBkksfy/
