ETH : Is that WHAT it looks like ?
📊ETH is forming an interesting chart pattern on a 1-hour timeframe, "DIAMOND TOP' and the last time it did the same was around 16th MAY on a daily timeframe, the price made it's ATH and then boom it dropped more than 50%📉
Although, this pattern usually leads to a price drop as it is a reversal pattern which normally forms on market tops💥
It will be interesting to watch how the price develops as we are currently retracing after continuous 10 green days and are only 2 days away from EIP-1559. 👀
DYOR.
Although, this pattern usually leads to a price drop as it is a reversal pattern which normally forms on market tops💥
It will be interesting to watch how the price develops as we are currently retracing after continuous 10 green days and are only 2 days away from EIP-1559. 👀
DYOR.
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