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Possible Head and Shoulders forming on Ethereum. Bearish.
Ethereum
Long
Possible Head and Shoulders forming on Ethereum. Bearish.
By thestocktheater
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Updated
Feb 8, 2018
3
Feb 7, 2018
Possible head and shoulders (bearish pattern) forming on 1H ETH/USD chart. RSI, MACD, and volume looks like its supporting this, too.
Feb 8, 2018
Note
Although the angle of the head to the shoulder is off, we are still on track for a head and shoulders pattern as long as we don't break resistance.
Feb 8, 2018
Note
Looks like ETH wants to try to break resistance for a third time. If it doesn't we're going down.
ETH
Ethereum (Cryptocurrency)
Trend Analysis
thestocktheater
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