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

$ 3789.6 (+0.18%)
Объем 24H $13.636b
Изменеия 24h: -0.39 %, 7d: 1.63 %
Cегодня L: $3745.57 - H: $3800.6
Капитализация $455.291b Rank 2
Цена в час новости $ 223.47 (1595.8%)

eth ethereum triangle downside symmetrical daily bear

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