Simple analysis
Ethereum / TetherUS BINANCE:ETHUSDT
according to the chart on H4 time frame, there are two scenarios. number one can have more possibility. As I illustrated in first scenario price would reach between yellow horizontal lines which means following bearish pattern .
In scenario number two, we see the resistance line is broken and price reach to blue line.(around 3600$). Scenario number two can happen every time that the price reach resistance line.
