Ethereum Bull Flag Failure: Yes, I was wrong

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Looks like the bears got the best of me...

Yesterday I spotted what I thought to be a pretty bullish pattern for ethereum. I wanted to use this post to call myself out for being wrong.

I expected ethereum to take another leg up after this flag pattern, but I failed to recognize a substantial amount of resistance building at the $410 level. Ethereum got smacked down near levels it hasn't seen since December of last year.

This is a lesson that shows things aren't always as they appear. Live and learn.

Thanks for Reading!

Disclaimer: I am not a financial advisor. The articles that I write are for educational purposes only. Do your own research and hold yourself accountable for the investments that you choose to make.

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Ethereum Bull Flag Failure: Yes, I was wrong | Ecency