robertwynnn

ETH Bearish Pennant Short idea

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COINBASE:ETHUSD   イーサリアム/米ドル
With the crypto market still in a bearish trend ETH seems to have shown some bullish resistance... right? I don’t think so. As we can see ETH is bounced within the $980-$1054 price range for a while now and the bounces it’s made have created a bearish pennant which could mean a bearish breakout is imminent. I think this will happen after ETH bounces off the $1030 price, up to the $1042 price which will follow up with my predicted breakout.
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