ETH/USD by SNE 10.08

ETH/USD by SNE 10.08

Ethereum brokeout traingle pattern and then very strong Support line (red). This is strong bearish signal!

Now price consolidating near line of previous fractal this mean that more likely will continue descending movement.

+ price is below Moving Averages (100, 200).Use next strong Support line as target. Do not forget about risk management, use Stop Loss!

Analysis by @SupernovaElite

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