ETH bearish signals potential head and shoulders, coupled with a ascending broadening wedge. Could we see ETH prices drop?
is it possible that EBST will go down lower? Looking at the 45 min chart we can see a cup and handle formation; signifying it can go lower if it breaks down at the breakout line.
Is the rally over? is EBST possibly setting up for a head and shoulders formation? thoughts?
I entered this trade at .000059 expecting it to break out. Possible entry after break out. Long target potential. Lets see if it can break the resistance. Set trailing stops, capital management recommended.
Welcome any ideas/ thoughts....possibly setting up for a cup and handle formation as well?
Great breakout earlier, trade is now in ascending triangle pattern