abed0123

ETH is Forming Double Bottom with Double Inverted H&S

Long
abed0123 Updated   
COINBASE:ETHUSD   Ethereum
Ethereum is forming another inverted H&S at hourly time frame which eventually form a double bottom. If this pattern has been confirmed, we may expect a bull-run. This pattern is invalidated if the price drops again below 2800. The market is still uncertain, please trade wisely.
Comment:
This pattern is losing momentum as it reached the neckline. I has been going side way which eventually made lower low and broke 2800 level, thus invalidating this setup.
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