Descending triangle short term bullish continuation
Two key levels: Actual H&S breakout, and the upper descending trend line. If breakout occurs we will see prices in 100s within a day
Hopefully price will consolidate into symmetrical triangle before next move up, as it happened with eth previously.
if downward breakout occurs. we might see prices in its 70s soon
Short term bearish reversal before we can see prices trade well above $100
Broadening wedge pattern formation on hourly chart. Its short term bullish continuation. We will see prices hit 50s in the next couple of day, subject to price breakout upper trend line with high volume to confirm.
We see here a Broadening descending pattern formation, two yellow lines. its a bullish sign if breakout occurs above upper trend line. Volume would need to pick up and MACD to confirm. We could see prices back into 50s range within next couple of days