UtkuYucel

ETH/USD | CLEAR SHORT POSITION

Short
KRAKEN:ETHUSD   Ethereum
The price is in the turquoise channel,
if you look at closer, the price is in the impulse wave and it probably will bounce from the fibonacci retracement levels.
(Strongly 0.382 but can be 0.5 or 0.618)

According to the flag pattern, when the little channel breaks down, the price will fall down as height as pattern pole. This level might probably the bottom of turquoise channel.
if turquoise channel breaks down, then price's gonna fall down to 250 USD Level.


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