Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ETH/USDT update. ETH looks bearish to me as of now. It's currently trading inside a bear flag structure. If this pattern plays out perfectly then we see a 10-12% drop in the price of ETH.
Currently, it's trading above $3800 and I'm expecting a drop from here. I'm expecting ETH can drop up to $3300-$3400 from here and after that drop we might see a quick bounce.
If ETH breaks and closes above $3950 then this scenario becomes invalid.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this ETH/USDT update. ETH looks bearish to me as of now. It's currently trading inside a bear flag structure. If this pattern plays out perfectly then we see a 10-12% drop in the price of ETH.
Currently, it's trading above $3800 and I'm expecting a drop from here. I'm expecting ETH can drop up to $3300-$3400 from here and after that drop we might see a quick bounce.
If ETH breaks and closes above $3950 then this scenario becomes invalid.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
