Ethereum had several chances to have a bullish continuation of the last dump but failed all of them (as you can see in my other chart that was bullish on Ethereum ). Now, it had 2 pennants and a medium term pitchfork - all of which have been broken downwards. We could potentially see Ethereum plunge straight through the 200s now.

Short position:

Entry - $275-325

Target - $175-225

Stop loss - $301

Good luck!

https://www.tradingview.com/chart/ETHUSD/JqYHTORz-Ethereum-could-plunge-right-through-the-200s/