ETHUSD 1h, Incoming 100 & 90. Price Channel Desitined to Repeat?
ETHUSD on to 83, Plan According-ly?
1 Hour Uptrend lost and bears look to grip. Patterning looks quite similar to the last 3 visits to the top of the recent developed downtrend channel in January 2019.
Price looks to be heading to 100, and then on to 90 in the near term.
Lots of folks in TA picking up on the same patterning - LTCUSD showing similar channel as well.
Shorts up?
1 Hour Uptrend lost and bears look to grip. Patterning looks quite similar to the last 3 visits to the top of the recent developed downtrend channel in January 2019.
Price looks to be heading to 100, and then on to 90 in the near term.
Lots of folks in TA picking up on the same patterning - LTCUSD showing similar channel as well.
Shorts up?
Trade active:
Right on Schedule:
A smaller descending channel, fixed in side a larger descending channel. Like a little fish in a big mouthed fish - we know what happens afterwards.
Small Inverted H&S not out of the cards, but I think we're reaching here. So, we'll watch ;-)