ETH finally breaks down after closing out yesterday below ascending support.
A long-term symmetric pattern has been assumed to mark potential lows for the time being.
Note that pattern support will likely be positioned lower if current support doesn't hold.
This would adjust the average from ascending support (purple) to wedge resistance (red).
tradingview.com/chart/gDBkksfy/
*** Posts will mostly be every other day for the next few weeks
A long-term symmetric pattern has been assumed to mark potential lows for the time being.
Note that pattern support will likely be positioned lower if current support doesn't hold.
This would adjust the average from ascending support (purple) to wedge resistance (red).
tradingview.com/chart/gDBkksfy/
*** Posts will mostly be every other day for the next few weeks
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