Description
⋅ ETH price broken below parallel channel, both daily EMA's and is forming a bearish flag that could take us all the way back to the $80's
Small inverse head and shoulders could provide a bear trap move back to $270 region before the move downwards.
There is definately potential that we have just completed wave 4 of a downwards impluse and could be starting wave 5.
Close above the purple downtrend line for more bullish outlook.