CriptoJoe

Etherium H&S pattern

Long
BITSTAMP:ETHUSD   Ethereum
Etherium has been lagging, compared to $BTC, in this crypto consolidation, altcoins in general were consolidating, but ETH is staying behind.
Now is forming a clear Head and shoulder pattern and it might come back to it's level of consolidation or come all the way down to the strong resistance level of $325.
All considered, as a strong believer of the crypto bull market, I'm sure this is the last time we'll see ETH at these prices so it's time to Buy!!!

Disclaimer

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.