Ethereum trades in downward triangle and can continue to fall

Hello traders, I want share with you my opinion about Ethereum. Observing the graph, we can see how Ethereum, after testing the support area 1790-1810, began an upward movement. The price continued to rise and over time created the Head and Shoulders figure in which it traded for a long time. Rebounding from the level of 2020, the price began to decline, reached the mark 1860 and made an upward correction, and thus formed the right shoulder and continued the fall. Ethereum re-tested the support area and grew. Subsequently, the price formed a downward triangle, in which it is now traded. Not long ago, Ethereum reach and, retest the resistance line of the triangle and began to decline. The price after retesting the support area, bounced, made a small upward correction and continued to decline. The price is currently trading close to the support area and could continue to fall and break through it. I think Ethereum can continue downward move and leave the triangle. In this case, I decided to set the targets in the zone 1810-1790 which coincide with Fibonacci level 1 and at the level 1760. Please share this idea with your friends and click Boost 🚀