jimsturg

ETH Bear Flag Forming

KRAKEN:ETHUSD   Ethereum
I am seeing a bear flag forming on ETH. It is forming an A-B-C-D-E channel, with the current price rise headed to D, from C. It will hit D around 515, but likely exceed the D point to 530, then head down to E. At E, it will likely decrease to 380 or so (the length of the flag pole placed at the bottom of E).

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