Do your own research and this is not any form or shape of financial or trading advice. In fact, don’t believe a word I am saying here nor analyze what above illustration is demonstrating. I am simply expressing my point of view as I see it from my experience. You may see it differently or similarly based upon your experience.
Is it possible that ETHUSD forming another bearish flag or ascending triangle indicating more downside ahead for potential short period on the hourly chart?
Please my post few days ago regarding the bearish flag on 4 hr chart.