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Is ETHUSD forming bear flag on 4hr log chart or consolidating?

BITFINEX:ETHUSD   이더리움
Do your own research and this is not any shape or form of financial or trading advice. In fact, do not believe any word (or analyze above illustration) I am saying/posting here either! I am simply sharing my point of view and my thought process.

I am wondering if ETHUSD forming a bear flag (to move lower) or consolidating (to move higher) on the 4 HR chart. Leave your comments below.


Currently ETHUSD is finding a resistance around price point 155 which is around 0.23 Fibonacci number of recent high price point of 225. See my previous post few days ago on ETHUSD.
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