The price of Ethereum has formed a flag formation, which has been formed from a leg
down, meaning it's a flag with bias to break to the downside.
If the price finds support at $2250, it still has potential to change the trend.
However a full candle break below $2250 can lead to some serious losses, so be careful.
A break below $2250 will see extended losses to $2080, while break below $2080 can easily reach support at $1900.
down, meaning it's a flag with bias to break to the downside.
If the price finds support at $2250, it still has potential to change the trend.
However a full candle break below $2250 can lead to some serious losses, so be careful.
A break below $2250 will see extended losses to $2080, while break below $2080 can easily reach support at $1900.
