$ETH Price Prediction 06/14/2022
More sideways action as we look to maintain 1150 and ultimately long-term trendline.
If consolidation within this range continues we could form an ascending triangular pattern which may indicate the start of a potential reversal.
Current pattern trendlines are considered as average and will be adjusted (if necessary) based on future PA.
Note that Chaikin also shows that zero line crossover occurred around long-term trendline, or this newly suggested support, implying that this zone is considered as critical.
If consolidation within this range continues we could form an ascending triangular pattern which may indicate the start of a potential reversal.
Current pattern trendlines are considered as average and will be adjusted (if necessary) based on future PA.
Note that Chaikin also shows that zero line crossover occurred around long-term trendline, or this newly suggested support, implying that this zone is considered as critical.
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