ETHUSD - Head & Shoulders 20/10/21
Updated
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.
Comment
CORRECTION: I meant cup & handle, not head & shoulders. woops.Related publications
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