After failing to hold the yellow consolidation zone, ETH broke below and retested the trendline.
The retest seems beautiful and now ETH is trying to recover the 50 EMA territory, which coincides with the consolidation yellow box.
Reclaim this box, ETH can continue its rally to 500 USD.
But if it fails, deeper correction is due
The retest seems beautiful and now ETH is trying to recover the 50 EMA territory, which coincides with the consolidation yellow box.
Reclaim this box, ETH can continue its rally to 500 USD.
But if it fails, deeper correction is due
