ETH 1D Trade Idea

This daily pattern could break out either way. Keep an eye on BTC to choose a direction too. ETH looks like it's preparing to make a Weekly and Daily MACD cross. Will look to play the retest of the breakout short or long. Could set up with clean support/resistance trends. Overall bearish momentum previously meaning this is a bearish pennant so in the event we break to the downside we could see a lot of red.