Long

[ETHUSD] Potential H&S pattern forming on lower time frames

Updated

Head and shoulders pattern forming on lower times frames for ETHUSD + descending volume.

If the pattern plays out it takes us right above ATH and if enough FOMO a lot further.

Note

Stop hunting or pattern invalidation, 5% stop still holds.

Note

The shoulder may have been displaced, volume pattern still confirming it:

snapshot

Note

Ready to take off:

snapshot

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I think accumulation and final stop hunting is done:

snapshot

Note

This H&S pattern is for textbooks (considering it plays out as expected):

snapshot

Also on:

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