Etherum Bull Trap Perspective

ETHUSD

Fractal is a comparison of July - August 2020 vs the current time frame. As you can see within the chart, the price structure within both time frames made two significant consolidation formations, followed by a down, then upward pattern. The fact that these fractals align so well leads me to believe we should see price make a sizable move downward within the next week or so.
Trend Analysis

Disclaimer