ETHUSD; Bears in wider control
Since May this coin has been in a clear bearish trend with lower highs and lows and is still caught in a wider bear-channel.
Also here Bollinger Bands are tight and once may see a short-term decision soon. Pay special attention to the 240/255 resistance zone; above there an inverted head and shoulders pattern is triggered implying a rise to 345. But one has to respect the downtrendline (top end bearchannel) in between (285).
Below 192 support bears are expected to push this coin to another lower low (125?)
Also here Bollinger Bands are tight and once may see a short-term decision soon. Pay special attention to the 240/255 resistance zone; above there an inverted head and shoulders pattern is triggered implying a rise to 345. But one has to respect the downtrendline (top end bearchannel) in between (285).
Below 192 support bears are expected to push this coin to another lower low (125?)
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