$ETH Price Prediction 03/22/2023

ETH unable to make the push at new descending resistance (dotted blue), transitioning new resistance back to the inner pattern (orange).

With a substantial selloff taking place on current candle look to hold above 1750 or the assumed neckline for a triple-bottom scenario.

Fortunately support has maintained around 50EMA which prevents a short-term continuation.

If further correction does occur on upcoming candles we can use the darker green zone as a safety reference.
Chart PatternsTrend Analysis

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