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marica1994
Nov 29, 2021 3:27 PM

ETHUSD Bear flag with 0.618 retracement and retest Short

Ethereum / U. S. DollarKraken

Description

Bear flag with 0.618 retracement and retest. Good entry for short.
Target: around 3700
Comments
molbioinfo
price is pumping, but we have a bearish divergence in the weekly RSI since September. Maybe another leg up for another wave, but then the divergence (unless something fundamental occurs) should pan out. We'll see!
marica1994
@molbioinfo, you were right! :)
A_Nash
will it go down to 3700 zone anymore this year?
trytofeelpositive
like for me we'are in triangle and after some correction will rise,but anything can happen,let's see
SabahEquityResearch
Excellent analysis
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