Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets By Cointelegraph

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Bearish head and shoulders pattern forces Ethereum traders to re-adjust their price targets

Crypto markets remain volatile and a handful of seasoned traders believe that the bearish trend will continue as long as stock markets are chasing new lows.

Most investors would agree that crypto is now in a bear market and the current price action for (BTC) and Ethereum (ETH) suggests that capitulation and consolidation are a ways away.

ETH/USDT 1-day chart. Source: TradingView
3-day chart. Source: Twitter (NYSE:)
ETH/USDT 3-day chart. Source: Twitter
ETH/USD 1-week chart. Source: Twitter