ETH-Live Trade Journal (daily chart)

COINBASE:ETHUSD   Ethereum / U.S. Dollar
ETH-Live Trade Journal ( daily chart )


Etherium is still bearish on the daily chart--MAs are trending down, the upper trend line is intact, and we have formed a potential head and shoulders pattern over the last few months. The neckline is pretty unclear on the H&S but a break of support (gray band) is likely close enough. Until ETH breaks the upper trend line , I don't plan on trading the daily chart .
Comment: ETH appears is the other side of a key support zone and is close to realizing the head and shoulders patterns.

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