A strong push for $ETH brings us back to descending resistance with support holding around 1800.
Although the current pattern is located higher consider highlighted consolidation as the critical indicator in this situation.
If enough momentum triggers a breakout we would likely go straight through inner ascending to pattern.
We can note EMAs now at or above critical markers along with the possibility of a third D1 green candle tomorrow given today's close.
Still, wedge pattern is overall bearish and could also result in a D1 shooting star.
Look to maintain above ~1785; a dotted red line was added for temporary reference.
Although the current pattern is located higher consider highlighted consolidation as the critical indicator in this situation.
If enough momentum triggers a breakout we would likely go straight through inner ascending to pattern.
We can note EMAs now at or above critical markers along with the possibility of a third D1 green candle tomorrow given today's close.
Still, wedge pattern is overall bearish and could also result in a D1 shooting star.
Look to maintain above ~1785; a dotted red line was added for temporary reference.
