BillCharison

#ETH - Bearish Setup Repeats!

BINANCE:ETHBTC   Ethereum / Bitcoin
Ethereum is following the same scenario again. We can see a triangle with the ascending support and descending resistance. The price has already broken through the support and now is re-testing the resistance. Moreover, we can see a double top at the level of 0.02215 - bearish pattern. Therefore, currently we have more arguments for SHORT, rather than for LONG.

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