navidraad

ETH bear flag has formed!

Short
POLONIEX:ETHUSD   Ethereum
Like I projected in my previous analysis, there is an obvious bear flag here, an ABC correction. The problem is there is no support below this price level, until the price touches the lower band of the falling wedge in weekly the time frame. It could be around 35$.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.