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ETHUSD - Bearish Weekly Setup

With the weekly candle closing a short while ago, it locked in a fairly bearish price action pattern. The pattern is a bearish Inside Bar/Pin Bar combo. This pattern would imply a greater probability that price continues its bearish trend. If price does break down in a major way then the next logical support zone is between $80-90. If that level were to give then the next support after that would be in the $40-50 range. For this pattern to be invalidated price would need to break and hold about $155.
BTCCandlestick AnalysiscryptoETHETHUSDpriceactionSupport and ResistanceTrend Analysis

Dad of 5 • Dev • Candlestick Whisperer • Crypto class of 2019
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