limetoast

Ethereum inverse head and shoulders ETHBTC

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limetoast Uppdaterad   
BINANCE:ETHBTC   Ethereum / Bitcoin
ETHBTC has formed a possible inverse H&S on the 2D timeframe, this is within a larger macro wedge.
Expect a breakout BTC once the neckline is broken.
Bullish on ETH
Kommentera:
Still in play. If you change to the 4H timeframe, double bottoms formed on the left and right shoulders whilst the head had a triple bottom
Kommentera:
Pump played out after breaking the neckline of the inverse H&S. Now we've had a retest and bounce off the neckline

Expect more up for ETH and if it breaks out of the larger triangle formation... then big ups
Kommentera:
Neckline breakout retested and never broke during this whole correction.

Bullish AF on ETH
Kommentera:
Breakout
Kommentera:
Macro wedge wicked and retested

Number go up
Kommentera:
Bounced and wick-ed off previous high back in May

NGU

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