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Ethereum
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ETH Short Term Bearish Sell Opportunity

By jojofang0901
Updated

Hello everyone:

Been on vacation this last week and haven't been posting much.

I am seeing some bearish development across the crypto market, and will pick out some sell potential.

Here on ETH, after price breaking ATH, we did not see continuation price action.

Instead, a potential double tops, ascending channel reversal structure formed, and reverse impulse down.

What we can wait for as a confirmation is if price formed a lower time frame bearish continuation correction,
that would give price another momentum to push down to the previous lows on the short term.

Thank you
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Chart PatternscorrectionFlagimpulseParallel ChannelpatternpriceactionstructureWedge
jojofang0901

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