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.
Continue reading Ethereum (ETH): Final Shakeout Or Another Bear Trend? at Crypto Daily™.
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