ETH weekly update
level that must be monitored around
2000 - 2222
why this is important is because this was previously a support now turned resistance
if it can reclaim, continue to make a local high around 3000-3800 the final peak of ETH in this cycle because there is also a downtrend resistance line from the previous high
ETH increase of 100 -180 % from bottom to high is already quite good
if it fails to reclaim 2000-2222 what will happen is that the double top pattern is still valid to target lower low because the retest of the neckline failed to break through
and the bottom decrease range of 1300-1100
-$ETH
-