ETHEREUM/USDT/BINANCE/15M
In this time frame, according to the previous analysis, the price had an upward trend, and with a Sharpie climb up to the range of $1565, and in this range, it faced strong resistance and entered the correction phase and formed a Bearish pennant pattern.
The data is a kind of bullish pattern and if the 0.236 Fibonacci range can continue to support and the price can stabilize itself above the resistance range of $1565, we will see the price rise further up to the range of $1645.
Resistance target: 1586-1614-1645
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