ETH Used to be in a BIG descending Triangle which also had a Reversed Cup and Handle Pattern. The Pattern has done a Break out and afterward the Price has been Decreasing. IT touched The Expected Support which was at 1230$. Right now After touching the Support level, the Price has created an Ascending Triangle.this means the Price had a Good chance to Increase and IT Did! So right now the Price might wanna take a Step Back and that means the Price will Decrease. The Price will be around 1380$ after the correction Happens.If the Situation Gets Rough, the Price might even touch 1230$ again!
-ETH Was in a Bullish Trend.
-The Price will do correction Right now
-1380 and Even 1230$ is the Bearish Targets
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🌍Thank you for seeing idea .
Have a nice day and Good luck