ETHUSD Update: Short Trade After Breakdown of the Flag Pattern

ETHUSD reversed from resistance and breakout of daily ascending trendline and support zone.
Price has been retracing the sell-off and currently retested the swing level correctively.
Price has the potential to move lower toward the support zone at $250 once we breach the green lines and flag channel.

Keep your eyes on this!

Previous Update:
ETHUSD Analysis: Further Weakness Ahead!
Chart PatternselliotwaveanalysisEthereum (Cryptocurrency)ETHUSDethusdsellethusdshortethusdsignalTrend AnalysisTrend Line BreakWave Analysis

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