Hi guys today i'm gonna analysis ETH/USDT
A) We can see we have Diagonal Support Line and its already broken, and we lose uptrend momentum Higher - High and Higher - Low
B) We see massive Dump when lose Diagonal Support, and then price Pullback little bit and then Formed Bear Flag pattern
C) We can expect, if price can't hold Bear Flag Support Trend Line $2600, we can go all way down here $1500
So Be careful guys, i don't feeling good when analyzing Bear market,but we need to know that to protect yourself unnecessary loss
A) We can see we have Diagonal Support Line and its already broken, and we lose uptrend momentum Higher - High and Higher - Low
B) We see massive Dump when lose Diagonal Support, and then price Pullback little bit and then Formed Bear Flag pattern
C) We can expect, if price can't hold Bear Flag Support Trend Line $2600, we can go all way down here $1500
So Be careful guys, i don't feeling good when analyzing Bear market,but we need to know that to protect yourself unnecessary loss
Note
Alert !!! Bear Flag confirmedBe careful...
Note
$2000 support are broken, if we close candle beyond $2000 next target could be $1500
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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.