Ethereum price analysis: ETH/USD unfazed by the double-bottom pattern, targets $150

Ethereum price analysis: ETH/USD unfazed by the double-bottom pattern, targets $150

Ethereum downtrend intentionally ignores the double-bottom reversal pattern. The prevailing remains bearish based on the negative technical picture. The bearish wave across the crypto landscape on Thursday forced Ethereum through several vital levels. The consolidation above $170 became untenable with the jabs from the sellers increasing in intensity.