ETH/USD - Update!
We now have a clearer picture regarding price action with the ETH merge, which is only a day away.
The descending trendline is the sticking point that price will need to break to see a significant advance in price.
After yesterday's drop, support was found at 0.618 Fibonacci + Daily level. If price losses this level, the next level of support is located between $1500 and $1400
After such a significant drop yesterday, we could expect the price to at least test up to 50% of yesterday's candle. As we approach the merge expect volatility to pick up
@Whalescryptovip
