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ETHUSD Update: Short Trade After Breakdown of the Flag Pattern

Short
Ethereum (BITFINEX:ETHUSD)  
Veejahbee  
BITFINEX:ETHUSD   Ethereum
Trend Analysis Chart Patterns Wave Analysis ETHUSD Ethereum (Cryptocurrency) ethusdshort ethusdsignal ethusdsell elliotwaveanalysis Trend Line Break
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trendanalysis chartpattern waveanalysis ethusd ethereum ethusdshort ethusdsignal ethusdsell elliotwaveanalysis trendlinebreak
ETHUSD reversed from resistance and breakout of daily ascending trendline and support zone.
Price has been retracing the sell-off and currently retested the swing level correctively.
Price has the potential to move lower toward the support zone at $250 once we breach the green lines and flag channel.

Keep your eyes on this!

Previous Update:
ETHUSD Analysis: Further Weakness Ahead!
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