$ETH Price Prediction 10/27/2022

Price continues to hold above 1550 as we look to prevent another bearish piercing scenario; a new support line has been added at ~1515.

Current patterns/trendlines have been extended with expected consolidation still within the upper highlighted portion; lows around 1500 or eventually LT trendline (purple).

The next critical resistance zone has been marked at somewhere between 1650-1680; this will be reduced to a single line once established (if true).

It was also aligned with the extended patterns to test for a next potential breakout location. The expected path has been indicated and is a very general assumption.

Furthermore, I just wanted to reclarify the pricelines as it hasn't been discussed in awhile:
- Dashed = tentative support/resistance zone (assumed but not yet determined)
- Normal = support/resistance zone
- Solid = critical support/resistance zone (usually off a number of past interactions)