Hi dear traders
In the analysis of 28 SEP we talked about the movement of ETH and until today about 85% progressed according to the analysis.
I explained about the formation of a bearish flag pattern in the weekly timeframe.
The pattern has been approved and the price will drop to the size of the flag pole.
If the candle does not close above 1400$ this week, the price will drop to the area between 970$ and 837$.
We expect the price to drop.
This correction is needed for a strong upward trend.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
In the analysis of 28 SEP we talked about the movement of ETH and until today about 85% progressed according to the analysis.
I explained about the formation of a bearish flag pattern in the weekly timeframe.
The pattern has been approved and the price will drop to the size of the flag pole.
If the candle does not close above 1400$ this week, the price will drop to the area between 970$ and 837$.
We expect the price to drop.
This correction is needed for a strong upward trend.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Trade active:
Finally we can see price drop to my target
