$ETH Price Prediction 08/01/2022

Failed attempt pushing towards 1800 as price gets rejected at 1750 to drop us below buffer and short-term EMAs.

Current support can be seen around 200EMA with lower buffer as resistance.

Now that we're positioned out of pattern focus should be primarily on 1600-1650 price line; extremes (solid black) shouldn't matter as much here.

Double-top is possible with a low of roughly 1400.

Alternatively, a hold above ~1550 could set us up for another push though a step-like formation.