Symmetrical triangle forming on Daily Eth/Usd charts. Flagpole is established from prev. support level at $850 level. Pennant has yet to complete and is currently consolidating in the third wave. This pattern is bearish and if it plays out would push price down to previous month low $560.
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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.