see picture for text
don't mind the white trend line, they are not related to the ABCDE
what a nice cup and handle that's been developing since the 90s, what an amazing failure at the end of that handle..
bearish flag formed along with daily high of ~52 meeting prior common resistance/support price. maybe it will drop further not a financial advise
see chart, this is not a financial advice
1-possible rising wedge is forming on 1hr time frame 2- could still go down and up before breaks? 3- gravestone candle just closed on 1hr time frame 4-remember we are still trading below that support trend line that broke yesterday
Ethereum major trend line support has been broken..