navidraad
Short

ETH bear flag has formed!

POLONIEX:ETHUSD   Ethereum / U.S. Dollar
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11
Like I projected in my previous analysis, there is an obvious bear flag here, an ABC correction. The problem is there is no support below this price level, until the price touches the lower band of the falling wedge in weekly the time frame. It could be around 35$.

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Seems logical to me
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