$ETH Price Prediction 02/03/2022
Ethereum / U.S. dollar BITSTAMP:ETHUSD
Support at 2600 holding in so far; a few lows around 2550 occurred once we passed the former short-term pattern, possibly indicating further correction underway. ***
See 1/31 post for outlined prediction + D1 pattern. Note that since we hit neckline (2750 -> 2750-2800) consolidation could extend until EOM (2/27) based on a 2750 ‘low’.
If neckline ‘high’ (2800) is used, expect possible consolidation until early March (3/03).
*** Based on yesterday’s post, a close under the highlighted orange zone (~2650) could trigger a bearish breakout.
