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ETH Bear Flag on 4H & Daily

COINBASE:ETHUSD   Ethereum / U.S. Dollar
ETH Bear Flag on 4H & Daily

Hey guys, after that nice follow through of the Head & Shoulders on the Hourly & 4H, ETH managed to make new 4H Higher Lows at 440.

But still: On the Daily we're now getting a clear bear-flaggy picture after the huge fall from $800. If we do not manage to break the area of $500 with conviction, there is not much hope for the bulls.

I wish you a great weekend still! ;) If you do not want to miss my Daily Crypto Analyses updates, please like & follow me! ;)

About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC .

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