I'm seeing a few signals that show Eth will finish a small correction and continue on its path up.
First, the bearish trend is weakening (notice the divergence in Price action compared to the RSI -lower lows vs higher lows)
Next,the bottom of the ichi cloud is aligned with a strong support which will give it a nice spot to bounce off of.
Finally, if the bounce happens, it'll create an inverse h&s which will confirm the reversal.
First, the bearish trend is weakening (notice the divergence in Price action compared to the RSI -lower lows vs higher lows)
Next,the bottom of the ichi cloud is aligned with a strong support which will give it a nice spot to bounce off of.
Finally, if the bounce happens, it'll create an inverse h&s which will confirm the reversal.