After a final dip to support ETH had an Inverse Head and Shoulders played out on the 1hr and 4hr, RSI broke out of wedge creating upward movement. first target is the downward price channel resistance (yellow). I think price will consolidate there for the next move up to target #2. possible bull flag at target #1 and the RSI resistance line creating another RSI wedge. I will be selling if we dip below the last support bounce.
Kommentera:
Also had the RSI positive divergence play out