InvestingScope

ETHUSD: Final pull back before 2000.

BINANCE:ETHUSD   Ethereum
ETHUSD is on a Channel Up or Right Shoulder of an Inverse Head and Shoulders pattern, with the 1D technicals just coming out of neutral ground (RSI = 57.146, MACD = 35.420, ADX = 38.879). The Bear Cross on the MACD indicates a possibility for a pullback to the bottom of the Channel as in late January and February. That would be a huge technical buy, targeting R3 and 2,000, filling the Gap of August.

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