scondon

scondon

Hello everyone, Looking at the 1-day chart for ETH/USD, it appears that we are headed to a key area of support, and potentially the start of a new market cycle. First, the long-term ascending trendline, and second, the well-tested ~$388 level that previously acted as resistance (6/17, 9/17), and more recently as support (12/17). The convergence of the price upon...

scondon

It looks like a bear flag is forming and another drop could be looming. What are your thoughts?