EthereumUpdated ETHUSD - Head & Shoulders 20/10/21
Simple head & shoulders setup.
Technicals
Measured price target for a perfect breakout is 35.47% ($5417.21).
This is not financial advice and always DYOR.
Technicals
- Aggregated volume across exchanges increased inside the handle.
- RSI trending strongly in the bullish control zone.
- BBWP is low, with the moving average slowly trending down. An increase in volatility will be primarily shown by the MA gaining a positive slope.
Measured price target for a perfect breakout is 35.47% ($5417.21).
This is not financial advice and always DYOR.
Note
CORRECTION: I meant cup & handle, not head & shoulders. woops.
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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.
Related publications
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.