xtremerider8

ETH bear flag targets 2385

Short
BITSTAMP:ETHUSD   Ethereum
ETH has been rejected down by dma 50 & dma20, also falling below VWAP. Now it breaks below a bearish flag patter. The measured move of the recent bear flag would be 2385 up to 2160 within my green support zone.
The max pain would be the pink 1800 to 1700 zone.
Upside resistance would be 3000 & 3200 which will be retested after bottom reversal.
Not trading advice

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