Ethereum Long Term Analysis!
Ethereum Monthly Analysis!
Bearish Pennant PAttern formation in Ethereum on Monthy Timeframe!
If price breaks and closes below trendline support we can see further downmove in Ethereum
Ethereum is forming Bearish Pennant pattern. We can see a sharp downmove in Ethereum from 1 dec 2021 after that price is moving in that way...
ETHEREUM (ETH) is indicating another 7-10% fall towards 2297-2198 from around 2384-2405 Range.
Possibility will get negated if BTC closes a complete 5 minutes candle above 2405.
This Analysis and Trade Setup is based on 38% Retracement Breakout Trading Strategy.