JohnnyPurtoy98

ETHUSD - Repeat patterns

Short
BITFINEX:ETHUSD   Ethereum
The patterns has seems to be repeating again, we saw this rising wedge happen before a massive bearish move before. We are once again seeing the same pattern happening, this could mean that we might see another massive drop in price. This is not good for Ethereum as the price is getting lower and lower, the price is also getting very close to a critical support level, which is around $370. This pattern may suggest the price is getting ready to move further down and test this strong support level. I will keep everyone updated on this currency pair over the coming weeks.

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