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LochubT
Aug 28, 2022 12:22 PM

ETH, the 1-hour chart is expected to head and shoulders bottom. Long

Ethereum / U.S. dollarBitstamp

Description

The following content is machine translation:

In the 1-hour chart, there is a potential head-and-shoulders bottom pattern, and the right shoulder's maximum stop is expected to be above 1460.
Indicators macd and RSI indicators for the rebound trend.
Summary: Pay attention to the right shoulder to stop falling, stabilize and rebound, but it can be much shorter. Look at 1510+. If it falls below 1460, it does not constitute a head-and-shoulders bottom pattern.
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