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JohnNMex

Short in the red area.

Short
Ethereum (BITSTAMP:ETHUSD)  
JohnNMex Updated   
BITSTAMP:ETHUSD   Ethereum
Trend Analysis Chart Patterns Wave Analysis ETH Ethereum (Cryptocurrency) ether ETHUSD ETHUSDT ethshort ethshortsetup
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trendanalysis chartpattern waveanalysis eth ethereum ether ethusd ethusdt ethshort ethshortsetup
Patiently waiting for the market to come to us..
Comment:
snapshot

Unfortunately ETH did not reach the sell zone but it has printed a very nice looking H&S pattern.
Comment:
snapshot

Bearish pennant in the right shoulder.
Comment:
snapshot

Most likely a fake brakeout. It doesn't look good for the bears.
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