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Veejahbee
Sep 14, 2020 9:38 AM

ETHUSD Update: Short Trade After Breakdown of the Flag Pattern Short

Ethereum / DollarBitfinex

Description

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:
Comments
PolarHusk
NiceJobToday
Veejahbee
@PolarHusk, Thank you!
ProjectSyndicate
nailed it. excellent overview and write-up.
Veejahbee
@ProjectSyndicate, Thanks for the continued support!
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