$ETH Price Prediction 03/04/2022
Ethereum / U.S. dollar BITSTAMP:ETHUSD
Support at long-term trendline (solid purple) rejected leading to a bearish breakout on short-term ascending triangle pattern.
Further supports assumed at dashed blue (failed) -> solid red -> 2400/2350; note that due to the high volatility these do not line up with intersection points stated on 3/03.
Keep in mind that a break (close) below the long-term low (solid red) will likely cause a very quick dip to 2400-2350 as this is the average hold for the current cycle. A break (close) below 2400-2350 could send us to 2200 or lower.
