Bearish Pennant Pattern Hints ETH Price May Extend Correction Trend to $1450

On August 17th, the Ethereum coin gave a high momentum breakout from the support trendline of the rising channel pattern. Losing support which carried an uptrend for the past nine months reflects the second-largest cryptocurrency is poised for a prolonged correction. The falling price found bullish support at $1576 and reverted 5% higher. Can this

The post Bearish Pennant Pattern Hints ETH Price May Extend Correction Trend to $1450 appeared first on CoinGape.


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Brian Bollinger
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