$ETH weekly update

level must be monitored around

2000 - 2222

why this is important because this was previously support now it becomes resistance

if it can reclaim, continue to make a local high around 3000-3800 the final peak of ETH in this year's cycle because there is also a downtrend resistance line from the previous high

ETH increase of 100 -180 % from bottom to high is quite good

if it fails to reclaim 2000-2222 what happens is the double top pattern is still valid to move towards lower low because the retest of its neckline has failed to break through

and the bottom decrease in the range of 1300-1100