ETH Situation Right now

25 sept 2022

Last Time we talked about Ethereum,It was in a Descending Triangle and the Pattern was not Broken yet. But now the Price has fallen out of the mentioned pattern and of course It was Expected to Happen. there were to Predicted support back then, one at 1230$ and another at 1045$. These were Our predictions and you can see that the Price has reacted Positively to The First Support. 1230$ is a very Important Support and Price Might Touch it Multiple Times. There are two Scenarios For now. One is that the Price would reach 1420$ and touch the bottom of the Descending Triangle. another Predictions is that the Price would 1045$ Which is the Second best Support for now. But The Pullback To the Triangle is More Likely to Happen.

-ETH has Broken the Descending Triangle
-Supports at 1230$ and 1045$
-Price has reacted To the First Support
-The Price would reach the Triangle Once again or Reach the Second Support
-The Pullback to the Triangle is more likely to Happen

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Thank you for seeing idea .
Have a nice day and Good luck