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$ETH Ethereum Both Sides Of The Trade
Price action is nearing another decision point.
See that yellow 1hr 200MA just above price action?
The bulls will want to push that back below price action to regain some upward momentum.
I'm expecting a short-term drop to the bottom of the blue bearflag around $2000.
If the bulls can breakout above the blue bearflag and the yellow 1hr 200MA. We could see the green Adam and Eve double bottom reversal formation take control.
A rejection of the 1hr 200MA will give the blue bearflag a better probability.
Green Adam and Eve Double Bottom Reversal Target
1) $2,327
Blue Bearflag Target
1) $1,841
NFA, DYOR ⚠️
#Crypto #Trading #ETH