ETH, up or down? Guess?

1 בינו׳ 2022

ETH is forming a wedge pattern and if price holds and forms a double bottom higher low, it will be a bullish sign.

But if it breaks down the support to $3586, and does not manage to come back up quickly, we may expect more downtrend until meeting the next support which is around $2700.

Let's see how this play out over the weekend.