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limetoast
Nov 22, 2021 7:51 AM

Ethereum inverse head and shoulders ETHBTC Long

Ethereum / BitcoinBinance

Description

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
Comments
vampy
nice good catch
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