Ethereum finds bottom as price slides down after completing the pennant formation. The downtrend for Ethereum is likely to break in the next leg up as the gap between bottom and downtrend closes.
Price now is not expected to fall further as RSI is oversold and we are almost on verge to see it popping out of trendline.
Yes, this is the CAN be the time to buy :)
Note : Trade at your own risk, price falling below the bottom will only mean a continuation to downtrend pattern