ETH unable to pull through as price drops below short-term EMAs following 200EMA rejection.
Ascending consolidation may be forming with W1 neckline (3520-3580) acting as resistance.
Note that the entry direction for this pattern presents chance of a bearish outcome.
A double-bottom off prior wedge resistance is also a possibility if correction continues.
www.tradingview.com/chart/gDBkksfy/
Ascending consolidation may be forming with W1 neckline (3520-3580) acting as resistance.
Note that the entry direction for this pattern presents chance of a bearish outcome.
A double-bottom off prior wedge resistance is also a possibility if correction continues.
www.tradingview.com/chart/gDBkksfy/
