$ETH : Pattern Breakdown Getting Interesting 👀
Take a look at the key structure on the chart:
🔴 2,150-Point Drop
🟢 825-Point Bounce
🔴 1,731-Point Drop
🟢 700-Point Bounce
🔴 1,000-Point Drop
🟢 1,060-Point Rally
Following the recent +1,060 point move, $ETH is currently hovering around $2,487.
Will history repeat itself?
If this macro cycle holds, the $1,500 – $1,800 zone could serve as a vital retest level prior to the next major move.
📉 Scenario A: One final shakeout before the real expansion?
📈 Scenario B: $ETH breaks out of this multi-month descending channel right here?
Watching this key zone closely. Where do you see the next leg heading? 👇
#Ethereum #ETH #Crypto #TechnicalAnalysis
Take a look at the key structure on the chart:
🔴 2,150-Point Drop
🟢 825-Point Bounce
🔴 1,731-Point Drop
🟢 700-Point Bounce
🔴 1,000-Point Drop
🟢 1,060-Point Rally
Following the recent +1,060 point move, $ETH is currently hovering around $2,487.
Will history repeat itself?
If this macro cycle holds, the $1,500 – $1,800 zone could serve as a vital retest level prior to the next major move.
📉 Scenario A: One final shakeout before the real expansion?
📈 Scenario B: $ETH breaks out of this multi-month descending channel right here?
Watching this key zone closely. Where do you see the next leg heading? 👇
#Ethereum #ETH #Crypto #TechnicalAnalysis