ETH/USD is in an Ascending Triangle Pattern. We also have what could be a Double Top as well.
Ascending Triangle Pattern = Potentially Bullish
Double Top = Potentially Bearish
Here is a closer look at this 1day chart. Note the Liquidity Void being filled up at the moment.
Here is a closer look at the RSI. Momentum is downwards at the moment but note the over extension of the RSI on the attached Bollinger Bands.
There could be interesting times ahead.
Ascending Triangle Pattern = Potentially Bullish
Double Top = Potentially Bearish
Here is a closer look at this 1day chart. Note the Liquidity Void being filled up at the moment.
Here is a closer look at the RSI. Momentum is downwards at the moment but note the over extension of the RSI on the attached Bollinger Bands.
There could be interesting times ahead.
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.