Following my previous Gold and BTC bearish call, ETH seems to be forming a bearish inverted Cup and handle or an unorthodox H&S pattern. Not sure if there actually is an inverted Cup and Handle pattern but considering the bearish outlook and formations on EUR, Gold. It wouldn't be surprising to see that ETh will be negatively effected as well.
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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.