ETH - Potential New Channel Forming

19 Ağu 2022

Now that we have a trend break and new low, I'll expect prices to correct in the immediate short term.

But with most support at 1700, I suspect prices will ultimately land there, with a few short term corrections up.

So I think the new trend is a less steep, more gradual move down to 1700.

Will update with new price action as we go.

As always, follow along for updates.

🤙🏽

20 Ağu 2022

Not

Channel invalidated. Stay tuned for more