* Ethereum in 30min time frame forms bearish flag pattern, which is trend continuation pattern.
* It occurs during bearish trend when the price consolidates within two parallel trend-lines before it continue it's fall.
* If the price breaks the lower trend-line we can see a drop till $2950.
* It occurs during bearish trend when the price consolidates within two parallel trend-lines before it continue it's fall.
* If the price breaks the lower trend-line we can see a drop till $2950.
Note
Breakdown of the lower trend-line.
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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.