Trader_EL1

Is it a bear flag on 4h frame?

BITFINEX:ETHUSD   Ethereum
looks like ETH is completing D wave, if it break the resistance line at 610 area it could push for more before retesting it, otherwise it might complete E wave, there in its way it could face a support at 510-520

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.