Ethereum is still struggling to regain control of $2900 and price has now broken down out of the ascending triangle pattern
Price lacks momentum so I don't expect this to waterfall but I have an active short position
Stay tuned for updates
Previous ETH analysis:
![Ethereum [ETH/USDT] | Bearish Ascending Triangle](https://s3.tradingview.com/j/JGXRqjJK_mid.png)
![Ethereum [ETH/USDT] | Bullish Channel Breakout](https://s3.tradingview.com/t/TDElvCpu_mid.png)
Price lacks momentum so I don't expect this to waterfall but I have an active short position
Stay tuned for updates
Previous ETH analysis:
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