While moving toward its first downside target, ETH made a small pump and wicked up to 1889.17 $.

Technically, the Harmonic Pattern downside targets are still valid. If ETH closes 3 consecutive 4h candles above 1889.17 $, or breaks above this level with a strong impulse, I expect the price to continue toward the 2030.11 $ target. After reaching that level, we can begin discussing the next upside targets.
If the Harmonic Pattern starts playing out to the downside, the first target will be 1731.83 $, followed by the second target at 1637.58 $.
The key question is whether ETH can hold above the 1820.82 $ MAJOR RESISTANCE. It has already closed a 4h candle above this level. If it also manages to close the daily candle above it, I expect the price to continue toward 2030.11 $. If a decline eventually comes, I believe it is more likely to begin after reaching that level.
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The analyses I share here do not constitute investment advice under any circumstances.
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