RLinda ! ETHUSDT-> Do bears continue to show strength?

ETHUSDT Recently we have positive economic news on etherium, but it continues to correlate strongly with bitcoin and we see a fall, the formation of a new price channel, which coincides with the global trend.
snapshot
On the chart we see a global trend forming strong resistance. The price tests the resistance with either a touch or a false break and then forms strong bearish impulses that update the global lows. Bears are reigning in the market and there are no prerequisites for strong growth at the moment.
snapshot
I assume that this pullback can continue a little, namely to the resistance zone, after which the fall in the global trend can continue. The short-term target is the support of the price channel (support zone).

Sincerely R. Linda!
binanceBitcoin (Cryptocurrency)BTCUSDChart PatternscryptoCryptocurrencyETHUSDHarmonic PatternstetherTrend Analysis

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