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Ethereum in a Bear flag.
Ethereum / TetherUS
Short
Ethereum in a Bear flag.
By TiborVrbovsky
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May 29, 2021
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The price of Ethereum has formed a flag formation, which has been formed from a leg
down, meaning it's a flag with bias to break to the downside.
If the price finds support at $2250, it still has potential to change the trend.
However a full candle break below $2250 can lead to some serious losses, so be careful.
A break below $2250 will see extended losses to $2080, while break below $2080 can easily reach support at $1900.
Bearish Patterns
crypto
Cryptocurrency
ETH
ETHBTC
Ethereum (Cryptocurrency)
ethereumusd
ETHUSD
FLAG
Support and Resistance
TiborVrbovsky
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