ETHEREUM: Incoming H&S?
Ethereum failed to make higher high, and now is on the way to form head & shoulders pattern in 4h timeframe.
I expect a slight bounce at these levels ($3,000-3,1000), since 4h is oversold on RSI. The next level to watch is the read area, where the S/R is.
I expect a slight bounce at these levels ($3,000-3,1000), since 4h is oversold on RSI. The next level to watch is the read area, where the S/R is.
Trade closed: target reached
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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.