ETHBTC Weekly Chart- Current patteen
Head and shoulders pattern with retests of major trend line. This happened multiple times recently on bitcoin daily-weekly showing distribution which I would post as an example but I can’t on mobile.
Apologies on the complicated drawing but the test of the major trend line are the key points. Almost every time I’ve seen this distributive pattern in results in a bearish move like it is taught.
Apologies on the complicated drawing but the test of the major trend line are the key points. Almost every time I’ve seen this distributive pattern in results in a bearish move like it is taught.
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