An unexpected buy-in sends ETH briefly to previous pattern support before rejection back to prior lows.
Another possible double-bottom is forming on H1 where additional critical lines have been added to indicate the degree of successful recovery.
The lower line (1855) represents the D1 piercing point as long as today's close holds above 1835.
We should continue to sustain this sideways action as D1 200EMA approaches LT pattern support.
tradingview.com/chart/gDBkksfy/
Another possible double-bottom is forming on H1 where additional critical lines have been added to indicate the degree of successful recovery.
The lower line (1855) represents the D1 piercing point as long as today's close holds above 1835.
We should continue to sustain this sideways action as D1 200EMA approaches LT pattern support.
tradingview.com/chart/gDBkksfy/
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