the way i see this chart in a general pattern looks like is about to form a pattern of head and shoulders and it is in my opinion bearish position i really hope to be wrong, corrections and opinions or new ideas are welcome.
i clearly see a pattern of head and shoulders and to me looks bearish but fibonatti extension suggest a rebound Wich it could be possible with btc volatility. not much to say i wish you luck in your investment!
AMC just broke the resistence of MA20 in the 2h. chart ema20 above ema50 and rising so in long term Fibonacci showing a bullish prediction .
DOWNTREND HAS BEEN BREAKOUT SO BULLISH POSITION AHEAD
the chart has all the info you need but if you have any question let me know!
LETS HOPE FOR THE BEST WE ALL NEED TO MAKE MORE MONEY!!
we can clearly see a head and shoulders on the chart my hopes are for the support right now can hold and reject it back up one more time but considering statistically the pattern we can say unfortunatly that ETH is at risk to continue with bearish position now just like BTC as well....
is in the consolidation zone I would expect few more hors in that zone or even days, unless something positive pop out!
neutral but get ready to either buy or sell..
up or down?.... but according to the trade snyper it may go up.