Get started
Profitlio_Trading

ETH Has Formed another Bear Leg on the H4 timeframe

Short
Ethereum / TetherUS (BINANCE:ETHUSDT)  
Profitlio_Trading  
BINANCE:ETHUSDT   Ethereum / TetherUS
Trend Analysis Chart Patterns Wave Analysis ETH Ethereum (Cryptocurrency) crypto traderchamp profitlio profitliotrading signals cryptosignals
5
0
trendanalysis chartpattern waveanalysis eth ethereum crypto traderchamp profitlio profitliotrading signals cryptosignals
ETH has formed another bearish leg or flag on the H4 timeframe following the bearish trend we have seen recently. Here I am expecting a breakout to form on this bearish flag to revisit the support highlighted close to the 2850 area. Also, we can see the current bearish trend is also running nicely making impulses inside a channel. Any breakout before bear leg confirmation to the upside on this channel formed will invalidate the setup.
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.