blockchaintrends

ETH ETHEREUM Bearish channel

BITMEX:ETHUSD   None
ETH follow downtrend channel. Break bullish trend line(green line). Negative scenario will be continuation bearish channel till 0.782 Fibbonacii Level 97.85$ with small bounce LH level at 121$. Positive (double bottom pattern) bounce from 110$ to 130$ and break downtrend channel. Volume decrease bearish sign. MACD signal is bellow zero line - . RSI is bellow 50 -.
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