EthereumShort
ETHUSD Possible Head and Shoulders
Etherium has recently been losing steam and underperforming competitors like BNB. With the recent volatility and bad news with USA capital tax increase we could see more downside.
Possible Head and shoulder reversal forming on the 4H chart, also coupled with negative MACD and RSI / price divergence at key level.
Red lines = weekly
Blue lines = daily
White lines = hourly
Possible Head and shoulder reversal forming on the 4H chart, also coupled with negative MACD and RSI / price divergence at key level.
Red lines = weekly
Blue lines = daily
White lines = hourly
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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.