#ETH = Big Bear Alert = 28.12.2021 $ETH #Ethereum #fintwit #crypto #ElliottWave

If ETH closes today below $3784, this will be a big bear alert. ETH would form a Falling 3 Methods on daily, the formation that almost guarantees a continued move downwards. With three days before the end of month, it would be extremely alarming as the chances of forming a bearish Engulfing on the monthly frame with a break down from the overbought territory would be very high. The formation would likely be followed by a multi-month bear market.

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