Ethereum
Short

ETH Waiting for Downtrend to Continue

85
My crude TA for today. Always good to know where we are at with the trends. We're on the way down to test the bear flag pattern. We've started a Wave B to go up a bit before we test the flag bottom. We'll then break through the bottom OR go back up for one more test at the upper limits - a Wave E (then break downwards out of the bear flag). Based on sentiment of the crypto world right now - we're waiting for this bear flag to complete and bring us lower.

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.