CRYPTOMOJO_TA

#ETH Some Probability & Random Distribution!

BINANCE:ETHUSDT   Ethereum / TetherUS
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#ETH (Update)

#ETH is trading inside this descending channel , as long as ETH trades inside the descending channel till that ETH will keep falling, To change the trend reversal ETH needs to break out of this channel.

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Thank you
Comment:
In a shorter time frame, ETH makes this symmetrical triangle pattern which is a semi-bullish and semi-bearish pattern, To conform any move we need a breakout or breakdown of this pattern
so it's better to wait for the confirmation
Comment:
ETH is making this descending triangle pattern which is a bearish pattern currently bouncing from the support of $1270 so we may see a bounce back towards the upper resistance of this pattern which is around $1320 but unless we see a Breakout above the $1320 with conformation, the bullish move will still remain pending but in case if it did a break down according to the patter then we can see almost 15% drop according to the pattern.

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