A slight drop for $ETH as support maintains at 1715 with recovery to the original LT descending pattern.
Based on this hold we can assume possible formation of an ascending broadening wedge indicated by the solid purple lines.
Overall this pattern is expected to be bearish so keep an eye on closes at (above/below) the solid blue line which acts as somewhat of an average.
A legend has been included for added clarification.
Based on this hold we can assume possible formation of an ascending broadening wedge indicated by the solid purple lines.
Overall this pattern is expected to be bearish so keep an eye on closes at (above/below) the solid blue line which acts as somewhat of an average.
A legend has been included for added clarification.
