Ethereum
Updated

ETH DAY Chart- Potential Reverse Head and Shoulders

90
I'm watching Eth for a break of the resistance line on a possible reverse head and shoulders pattern.
RSI heading into oversold.
Could get a rally soon. Could be a Trap.
If ETH breaks below my lower Support zone I'm thinking more selling is coming.
Note
Didn't get that break I was hoping for..
Still looking for a break to either side
Just waiting to see what market wants.
Too much uncertainty for patterns right now IMO
I think I'm gonna sit on my hands for a couple weeks.
Good luck everyone!

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.