On August 2nd, the Ethereum price gave a bearish breakdown from the support trendline of the megaphone pattern. This breakdown was supposed to extend the prevailing correction phase but instead, the price action went sideways indicating a lack of conviction from the sellers. Moreover, the buyers took advantage of this uncertainty, and push the price back into the chart pattern, signaling a bear trap scenario. Should you buy now?
Source: https://inrusdinr.in