TheCryptorexx

ETHUSDT : Bearish Scenario

Short
BINANCE:ETHUSDT   Ethereum / TetherUS
People been talking about how ETH is one of the best, if not the best performing coin in the month of December . Well lets take a look😄

Clearly, the trend is moving downward/bearish as seen on the Lower High structure formed inside the bearish descending triangle and downtrend channel. We can see that ETH is closely related to BTC in terms of price action and pattern. I don't see any reason to be bullish for now, that is until it breaks out the triangle.
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