Looking at the 1hr chart, appears we're building yet another bear flag that could take us down into the 415 range. Long-term support that ETH has been above since the beginning of time (April 2017) and has typically been catalyst for large bounces, is sitting at about 400 (angled line connecting lows from April, July, and September 2017 - not shown on chart).
This post is not a recommendation to trade, or blink, or throw your hands in the air as if there were no repercussions.
This post is not a recommendation to trade, or blink, or throw your hands in the air as if there were no repercussions.
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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.