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limetoast

Ethereum inverse head and shoulders ETHBTC

Long
Ethereum / Bitcoin (BINANCE:ETHBTC)  
limetoast Updated   
BINANCE:ETHBTC   Ethereum / Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns ETHBTC Ethereum (Cryptocurrency) ETH BTC Bitcoin (Cryptocurrency) ETHUSD
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trendanalysis harmonicpatterns chartpattern ethbtc ethereum eth btc bitcoin ethusd
ETHBTC has formed a possible inverse H&S on the 2D timeframe, this is within a larger macro wedge.
Expect a breakout BTC once the neckline is broken.
Bullish on ETH
Comment:
Still in play. If you change to the 4H timeframe, double bottoms formed on the left and right shoulders whilst the head had a triple bottom
Comment:
Pump played out after breaking the neckline of the inverse H&S. Now we've had a retest and bounce off the neckline

Expect more up for ETH and if it breaks out of the larger triangle formation... then big ups
Comment:
Neckline breakout retested and never broke during this whole correction.

Bullish AF on ETH
Comment:
Breakout
Comment:
Macro wedge wicked and retested

Number go up
Comment:
Bounced and wick-ed off previous high back in May

NGU
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