UnknownUnicorn1292767

It's short time for ETH.

Short
INDEX:ETHUSD   Ethereum
Big pennant bear flag formed on 1W TF. Didn't manage to break 200 EMA which is serving as resistance with the 20EMA.

Chaos ahead. Our target is around U$ 800
Comment:

Double death cross. 20 with 200 and 50 with 100.

The 800 usd target is clear, we are waiting on macro economy to tell if it's this november or mid decemeber.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.