Ethereum Bearish Flag

We have a bearish flag on ETHUSD, continuation pattern.

Bear volume is now dominant and we have bearish indicators.

We can easily see lower prices.

Support levels mapped on the chart based on the Fibonacci retracement tool.

Invalidation comes a full candle close above $3315.

Namaste.

Kommentera:

Going straight down.

Below $2900 we have $2700 as next support.