ETH Shakeout Pennant
ETH/USD COINBASE:ETHUSD
Traders shake out ETH on the daily as bearish pennant anticipates a breakout continuing a macroscopic downtrend momentum.
Bears pushing power on the MACD with no indication of bulls crossing over, as yet. On the MACD we will need to see bears push towards -283.48 to see some buying action.
Set Alerts: ⏰
🔑 Lvl Support 2560.51
(Current)
🔑 2nd Lvl Support 2379.24
(Possible bounce or break)
🔑 3rd Lvl Support 2162.28
(If broken assume bearish breakout)
🔑 4th Lvl Support 1764. 05
(Lowest bounce before resuming bull take-over)
*Please add value in the comments.
