Forgive me for the amateur drawings still working my way around this platform.
However lets focus on the important stuffs.
Seems as though ETH is now done with its Head and Shoulders and what could have been a false breakout.
It has not broken the trendline. If it does break resistance it is bullish , in the mean time more likely it would complete the H & S pattern and move sideways.
My prediction is a possible pennant once the H & S is formed. ALSO MACD seems to be crossing which means bearish at the moment
Stay tuned !
However lets focus on the important stuffs.
Seems as though ETH is now done with its Head and Shoulders and what could have been a false breakout.
It has not broken the trendline. If it does break resistance it is bullish , in the mean time more likely it would complete the H & S pattern and move sideways.
My prediction is a possible pennant once the H & S is formed. ALSO MACD seems to be crossing which means bearish at the moment
Stay tuned !