Anoinvest

Expecting bullish week ahead

Long
Anoinvest Updated   
COINBASE:ETHUSD   Ethereum
Hey everyone,

lets take it quick and make it simple. As Weekly closing is just 1 hour in front of us here is what Im personally watching for:

1) 1h for a downtrend breakout (best with retest)
2) 20h for very likely and possible inverted H&S (Head & Shoulders) pattern
and 3) Weekly for holding of the major simple uptrendline

all 3 as seen on chart

if 20h and Weekly can hold current ranges the breakout of hourly is very possible and nice bounce can be played
and it could be a major Wave 3 as tracked by previous idea because so far ETH follows BTC literally collerated not much %dominance diff (when it changes I will either change my mind and thinking)
ChaChain
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Disclaimer:
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Trade active:
one would think about a nice entry here
Comment:
The bounce was strong and it looks good right ?
Comment:
So far the Weekly uptrend line is holding no matter the Russian situation and buy volume in the right shoulder is really nice
Comment:
Weekly view add

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