ETH: 2 Weeks Without Direction
After the big crash created during the second week of August all the crypto market is
without any clear direction yet.
We can see only small moves but nothing clear so far because this moment of hesitation about the next movement is interpreted only as the time for correction through all the crypto market.
ETH is showing a bearish breakout today and probably it can move down further, however it is still very risky considering the market conditions and it may develop more a corrective pattern again.
So let’s see if the price will move down from the current pattern.
Thank you and Good Luck! Trade closed: target reached:
