Ethereum (ETH): Final Shakeout Or Another Bear Trend?

2018-10-7 18:00

Ethereum (ETH) seems to have just broken its symmetrical triangle to the downside. This was expected as the price entered the triangle from the upside. Symmetrical triangle being a continuation pattern had a higher chance of breaking to the downside.

The ETH/USD daily chart shows that it happened. Ethereum (ETH) began the day in red and soon broke below the triangle. Under normal conditions, this would be a strong sign of further downside to come.

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Ethereum (ETH) на Currencies.ru

$ 2730.9 (-0.13%)
Объем 24H $15.095b
Изменеия 24h: 0.72 %, 7d: 2.12 %
Cегодня L: $2708.52 - H: $2755.1
Капитализация $329.241b Rank 2
Цена в час новости $ 223.47 (1122.04%)

eth ethereum triangle downside symmetrical daily bear

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