ETH with a Bearish Pennant

ETH with a Bearish Pennant

Ethereum / TetherUS BINANCE:ETHUSDT



Waiting for the structural confirmation to see a nice dip on ETH at the moment with the bearish pennant formed on the H4 timeframe. Expecting this to decline further close towards 61% on the Fib retracements.

Thanks for having a look on my chart. The following analysis is done only for educational purposes and not a financial advice to follow up. Trading cryptocurrencies are highly risky and volatile.